SALONA COTSPIN AS ON 27.01.2022 TARGET ACHIEVED POSTED 26.01.2022 SALONA COTSPIN above 333 for a target 343 and on 27.01.2022 stock made a high 348 and closed at 314.
Being Friday 28.01.2022 its always been a Investors Profit Booking Day.
Considering two days bulls fight back Nifty might Trade between 17065 - 17219.
If Nifty opens Above 17150 then Resistance at 17219 / 17283 / 17313
If Nifty opens Below 17000 then support at 16936 / 16864 / 16775
Salonacotspin
Salona Cotspin - New All-Time High | Positional/Investment ideaHighlights:
1. New All-Time High
2. Massive volume expansion
3. Bullish market structure
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
About the company:
Salona Cotspin Ltd is engaged in the manufacture of carded and combed, ring-spun greige yarns for knitting and weaving applications, from cotton. The product range of the company includes 100% Cotton Yarn, Ring Spin for Knitting & Weaving, Count - 20/1 TO 40/1 and Carded - Semicombed & Super Combed. Salona Cotspin Ltd is engaged in the manufacturing and selling of Cotton Yarn, Knitted Fabrics, and Garments. The company caters to both domestic and international markets.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.