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...
SALONA COTSPIN as per daily chart analysis stock above 333 for a Target 343. Resistance 350.
27.01.2022 Being Monthly expiry day
Nifty Above 17325 than Resistance at 17420 / 17550
Nifty Below 17183 than Support at 16980 / 16934
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...