VigneshIyer

On verge of breakout

Long
NSE:SMSLIFE   SMS LIFESCIENCES
SMS life science has been doing quite well for some time now. After the earlier gapups formed back to back in Sept 2020 , the gaps were filled subsequently and it has been forming a type of penant. The numbers are going to be announced on 7th of june i.e tomorrow and caution should be maintained if the trade is executed. A good chance that the stock should breakout of the consolidation since april.

Disclaimer : This is strictly for educational purpose and any position should be taken only after self analysis.
Comment: Not the best of breakout with 2 red candles and looks like this one could retest b/o levels and then could see better volumes

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter