Sterling tools near its supply zone
Stertools has been on a downtrend since 2018.
The stock has made a double bottom and currently at the neck line which is very strong supply zone of 250rs-260rs which coincides with 38.2% fib level.
If the stock manages to give a weekly closing above 250rs and sustains the same in the following week, we might see a big upmove in this stock.
Keep this stock in radar for a good positional trade since volumes have increased in previous few weeks
The stock has made a double bottom and currently at the neck line which is very strong supply zone of 250rs-260rs which coincides with 38.2% fib level.
If the stock manages to give a weekly closing above 250rs and sustains the same in the following week, we might see a big upmove in this stock.
Keep this stock in radar for a good positional trade since volumes have increased in previous few weeks
Trade active
10% up already today.Trade closed manually
Today's high is 322.75. More than 25% returns!
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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.
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.