Sumeet Industries is extremely oversold as per rsi indicator.
I see kite pattern on chart ;-)
Sumeet can go upto the levels of 42 to 45 in short term and breakout above 45 opens up for higher levels which can lead it to 56 to 60 level in medium term.
Sumeet fundamentals are also good and one can check on any financial site or bse nse official site.
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult their financial adviser before acting on any of the recommendations by this any of its mode. I do not take responsibility of any losses incurred (if any) by acting on the recommendations.
I see kite pattern on chart ;-)
Sumeet can go upto the levels of 42 to 45 in short term and breakout above 45 opens up for higher levels which can lead it to 56 to 60 level in medium term.
Sumeet fundamentals are also good and one can check on any financial site or bse nse official site.
Disclaimer : The stock picks are purely a view point of individual and there is no guarantee on the returns. Hence all the visitors are requested to apply their prudence and consult their financial adviser before acting on any of the recommendations by this any of its mode. I do not take responsibility of any losses incurred (if any) by acting on the recommendations.
Trade closed manually:
STOCK NOT PERFORMED AS PER EXPECTATION.
CALL CLOSED.
CALL CLOSED.