Trade-Wealth

Investment Pick - SnowMan Logistics

Long
BSE:SNOWMAN   SNOWMAN LOGISTICS LTD
One can buy Snowman logistics at CMP for target of 95 & 115. SL Below 50.
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Comment: Log scale chart, clearly indicates trend line resistance. Looking at the structure it forms is pure buy on dips, one may add on dips till 50. Hold with patience! for desired targets.

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Comment: Doji followed by green candle, this week this script may make morning star pattern on weekly chart.
Comment: So far weekly morning star candlestick pattern is under progress. Indicates trend reversal.

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