SONATSOFTW, EXCELLENT POSITIONAL & INTRADAY (CHART# 336) Long

SONATA SOFTWARENSE

Description

⋅ Oct 17, 2020 1:50 PM

SONATSOFTW is testing its important resistance zone 365-366 which is 2 year long zone. SONATSOFTW looks very promising above this zone for both Intraday & Positional.
Volume is also good on this stock and IT sector is currently in momentum.
Keep on watch along with OFSS which was posted 2 days back and is very close to trigger level.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.

Thanks
Piyush Gupta

Chart Patterns

Comments

KetanM

⋅ Oct 17, 2020 2:32 PM

Very clean chart sir. Build up looks strong at resistance. Looking very positive to cross it. Thanks for sharing.

keepitsimple1331

⋅ Oct 17, 2020 2:06 PM

Thanks for sharing it sir

Abin_E

⋅ Oct 19, 2020 10:50 AM

When willl it coross 360

Piyush-Gupta

⋅ Oct 25, 2020 5:39 AM

@abinelamana, How can anyone know when stock will cross the level. As per analysis as soon as it crossed 365, it moved to 378 (3-4% move).