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SIYSIL : Round Bottom formation
SIYARAM SILK MILLS LTD
Long
SIYSIL : Round Bottom formation
By trade_opportunities
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Updated
Aug 15, 2021
7
Jul 11, 2021
Stock is forming a big round bottom.
As the textile stocks are picking up the moment this stock has a long way to go.
Peers like century textile have already run a lot.
Stock has now made a pole and flag pattern which broke out last week and now stock can pick a good moment til 464.
DISC: For educational purposes only.
Aug 15, 2021
Trade closed: target reached
Stock has made a double top at 456 levels which is very near to target. Hence closing this trade.
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