Sundaram Finance Ltd.
The stock is consolidating in a symmetrical triangle pattern in the daily chart. It is likely to see breakout either side of the range 1190-1290.
Technical parameters look neutral.
****TRADINGEDGE TIME-TREND IS BEARISH****
****TRADINGEDGE BANDS ARE IN RED-ZONE****
I personally might look for a shorting opportunity. Once the prices break the DEMAND ZONE (1160) with volume, the next DEMAND ZONE is below 1060.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
The stock is consolidating in a symmetrical triangle pattern in the daily chart. It is likely to see breakout either side of the range 1190-1290.
Technical parameters look neutral.
****TRADINGEDGE TIME-TREND IS BEARISH****
****TRADINGEDGE BANDS ARE IN RED-ZONE****
I personally might look for a shorting opportunity. Once the prices break the DEMAND ZONE (1160) with volume, the next DEMAND ZONE is below 1060.
KEEP AN EYE!! #B-
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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.
-
Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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.