Satin credit breakout soonTriangle setup, great volumes.
With great fundamentals an NBFC company in heavy consolidation now in momentum
SATIN
SATIN - Weekly Chart AnalysisComing out of base of more than 3yrs. Entering stage2. Forming base of 5 weeks and 18% range.
The stock has showed immense strength with huge volume spikes while coming out of Stage1.
Pilot position can be initiated here.
With the next targets in near long term are 289-298 which is minor resistance zone but major target would be 365 which is long term target and major resistance.
Not this view gets invalid if the stock closes below 160-178 on a weekly timeframe. Aggressive stop can also be kept of 217-226 zone on closing basis.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
SATIN - Ichimoku BreakoutStock Name - Satin Creditcare Network Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 217
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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SATIN - Ichimoku Bullish Breakout Stock Name - Satin Creditcare Network Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 175
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SATIN Hourly Flag n Pole BOSATIN Hourly Flag n Pole BO. Good to buy at 137 for target of 148 with sl below BO candle
Satin - Bounce BackThe stock has bounced back from a long-time support zone. If the momentum continues and maintains over breakout levels around 80, may go into an uptrend. Maintain your risk management wisely and carefully.
Only for educational purposes. Not a trading recommendation.
All the best.
Long Satin Credit CareSatin Credit Care
CMP - 92
Stop - 75 on DCB
Expectation -
T1 - 230
T2 - Open, Review at 230
Expected Holding Period - 240 trading days or earlier for T1
View:- Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Satin CreditA move past 404 ( Last Swing high ) can do wonders for the stock. A big move expected post that.
