SANOFI INDIA IS GOOD BUY AT SUPPORT LEVEL
*Personal Views Only* Buy at CMP Target - 8500/9000+ Duration - 3 to 4 months
Sanofi - after a strong bearish movement it is likely to take price reversal. It has taken support at 7400 and move ahead. Increasing delivery volume also confirming the same. It can move ahead to fill GAP. We can expect price movement up to 7848 to 7980.
#SANOFI finding support and getting ready for upmove. Details in chart.
Buy sanofi above 8425 Stoploss 8330
Buy Sanofi India above 8400 with stoploss of 8100 .Target is 8980 Study: Forming Inverse Head & Shoulder Pattern...Breakout above 8400
Go long for the target of (8875-8935) / (9315-9375) with the support of (8000-8045)
SANOFI INDIA LTD Price had took support near 100 Days EMA, and crossed 20 day EMA and 50 day EMA gives bullish signal for this stock, one may take trade based on his/her risk appetite for swing opportunity. important levels are entry range : 7760-7800 stop loss : 7700 target : 1st: 8150 2nd: 8400
sanofi could be take support for bounce at 5000-5026 range
better to stay long on dip in the counter , looks set for a 50% or more upside ! in couple of months !
will like to stay short on rally in this counter at levels
described in the chart .
The stock is showing strong support at the 4080 levels. The current pattern shows a descending triangle, constantly testing this support level for the past 3 months. The descending triangle is showing exhaustion as indicated by the Accum/Distribution trend. The A/D is a leading indicator that takes into account volume aspect of the trade as well. One should expect...