Alhad

Expect Breakout from prolonged consolidation

Long
Alhad Updated   
NSE:SOTL   SAVITA OIL TECHNOL
There's a prolonged consolidation going on in the range 650 - 725, now lows are getting shifted bigher, making a possible triangle breakout.
A strong base is getting created, hope it gives decent returns.
Comment:
Finally, gave an upside break out. Now if sustained above 840 on monthly close basis, can expect 2x from cmp in 1-2 years.
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.