Sutlej textiles - weekly cmp 62
Buy range 55-61
Huge rounding bottom + Triangle consolidation.
Respecting 200 MA on weekly and just below 200 MA on daily.
On Breakout, Targets can be 69-75-91-93-105
-Promoter holding more than 60%
-low P/E (below industry average)
-Low P/B value.
SL - weekly closing below 50.
*Trail your profits.
This is just a view, trade on your own risk.
Huge rounding bottom + Triangle consolidation.
Respecting 200 MA on weekly and just below 200 MA on daily.
On Breakout, Targets can be 69-75-91-93-105
-Promoter holding more than 60%
-low P/E (below industry average)
-Low P/B value.
SL - weekly closing below 50.
*Trail your profits.
This is just a view, trade on your own risk.
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