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Vinayak_Kulthe

This Small Cap Stock is getting ready for Investment !!

Long
STERLING TOOLS (NSE:STERTOOLS)  
Vinayak_Kulthe Updated   
NSE:STERTOOLS   STERLING TOOLS
Trend Analysis Chart Patterns
11
2
trendanalysis chartpattern
Sterling tools given strong breakout to resistance level on daily timeframe. Its Outperforming the index and making new highs periodically. One should go long with Proper risk management above the high. Stock may also Pump up and the return back to retest current levels. Increaing Volumes are indicating good interest of buyers in this Small cap Stock.
Comment:
Entry not initiated. Its like a pullback on daily chart. If the stock Breaks the High in upcomming days I will allot 50% of the trade capital and make long positions. Looking today, I dont think entry will be triggered.
Comment:
Let the stock break 4th May's High. we can then start alloting some more funds
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