Ranineelam

Sona BLW buy near 500

Long
NSE:SONACOMS   SONA BLW PRECISION FRGS L
Sona BLW is in uptrend since IPO. 501 is 0.618 fib retracement level. If it holds 501 then

T1 : 683
T2 : 837

Trend is negated if it closes below 501 , then it may go to 411.

For traders SL is below 500 , for investors keep SL as 411. Add few at 500 , rest near 411 if get a chance (Personally I do not feel it will go near 411)
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