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SONA BLW PRECISION FRGS L
Long
Updated

Sona BLW Break-out Initiated

509
Yearly Trendline Breakout initiated. RSI strengthening, Buy at CMP for T1: 520, T2: 580 and T3: 650.
SL: Closing below 425
Trade active
Stock still facing resistance at 50 dema. RSI needs to strengthen more.
Falling trendline should now work as support and might also play in retest.
Closing above 50 dema will initiate the upmove.
Trade closed manually
Mass Sell-off, shall revisit after cool off.
NS_NitinSharma
Also on:
Chart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
NS_NitinSharma
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.