SATIA Industries is looking good on weekly chart... CMP 145.. Chart attached shows good position building.. Its a weekly chart and candle is not closed, So I am kind of preempting further move. SL below 131 DCB for short term trade, and 114 for positional/medium term trade. Fundamentals are very good for this company and hugely undervalued. CWIP+Just completed...
Stock is trading near BO zone, volume build up seen, fundamentals good, follow chart for proper support and resistance levels.
Upside is possibly strong when the Indian market is sideways. Buy and hold for next 1-2 months.
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After a period of consolidation, it seems like the bottom has been established. 🚀 Keep an eye on this one as it gears up for potential upward movement. Disclaimer - This is only for educational purposes and not any stock recommendation
SATIA CMP- 147 SL-120 TARGET - 200+ Charts setting up very nicely volume is also very goog can heads toward a good breakout....
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c....