Arshad_Khatib

Breakout in SONATA SOFTWARE

Long
BSE:SONATSOFTW   SONATA SOFTWARE LTD
NSE:SONATSOFTW

SONATA SOFTWARE ABOVE 813 IS VERY BULLISH
CMP IS 833(ON 12:40 P.M IST)
IT HAS SUPPORT ON 830.

soon the company is going to post its Q1 results we can see a good rally at that time

ONE CAN CONSIDER BUYING IT FOR TARGETS 850-900-950
IN FEW WEEKS.
SL WILL BE 768 ON DAY CLOSING BASIS

BUY ONLY IF YOU CAN MANAGE THE SL

(THIS RESEARCH IS ONLY FOR EDUCATIONAL MEANS PLEASE MAKE YOUR OWN RESEARCH BEFORE INVESTING)
Comment: The Stock has Entered Into the Green Channel Once Again.
If it doesn't give any Breakout tomorrow the we will abort this Trade.
Comment: The Stock Is Looking Good Today
It is Also gaining Volumes.

But we would Enter In it only if the Day Candle Sustains Above the Green Rectangle In between 3:15 to 3:25
Trade closed: target reached: 1st Target Done 🔥🚀
Also 2nd Target 🎯 done Nearly(897 High)

From the levels I Gave the Stock has Moved from
840 to 897 🚀🔥
Which is 7% Returns in just 8 Trading Sessions.

My all Swing Traded have Given Very Profitable Returns.
But I Personally Prefer to All the Trader Active in it to book 50% - 60% and Hold Rest for Full Target and above.
New Trader Don't Just Earn form it also Learn how to Trade on Breakouts and on What Conditions.
Please watch My Recent Idea on Reliance To Learn How to Trade Breakouts.

Thank you
More to come

Follow.
Comment: Do let me Know in the Comments if Anyone Traded it Or Watched it.
Comment: Today Exactly done the 2nd Target By opening.
I Said to book 50-60% on this 2d Target Coz I was Expecting a Fall.

Hope All of you have booked more than half of the Quantity.

Our Stoploss is now our Buying Price.
If any further fall come we would Exit CTC

Comments