Aman0701

Sutlej textiles - weekly cmp 62

Long
NSE:SUTLEJTEX   SUTLEJ TEXTILES
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.

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