Somi Conveyor Beltings Limited is engaged in manufacturing of conveyor belt. GOOD LOW BETA STOCK CONTINUOUSLY IN UPTREND WITH VOLUME POSITIONAL BET ON THIS STOCK STOCK WILL DOUBLE FROM ITS CMP ------------------------------------ STRICT SL TO BE FOLLOW IN EVERY TRADE -----------------------------------
- Cup and Handle (D) at a major supply level - Volume spike - RSI in the bullish zone (>60) on daily but not yet on weekly - 50% entry at CMP 59.95, remaining after 65 (pattern BO and 200 DMA crossover) - r:r = 1:2.5 Only for educational purpose
Party just got started Sugar sector Monthly W breakout if closing above 203 can be bought at dips or lower levels SL 130 levels Target 350/400 levels Please note this is a Monthly Chart needs to have patience for such good trade
Looks highly bullish on charts Buy above 97 closing SL 73 Target 1: 118, Target 2 :135 Anchored Vwap Support at 78 RSI positive Divergence Price action on Support where previous breakout happened Volume following up