#SDBL trading above Resistance of 247
Next Resistance is at 380
Support is at 155
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Stock Name - Som Distilleries & Breweries 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 330
#This is not Buy and Sell recommendation to any one. This...
Stock Name - Som Distilleries & Breweries 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 173
#This is not Buy and Sell recommendation to any one. This...
As per the wave personality theory, the best news about a stock comes during 5th wave of some degree.
The scrip has been in news lately for various good reasons and every analyst / news channel is covering the same.
However, technically
- We may be in the 5th wave of rise from Nov 2020 lows of 22/- as marked - On weekly scale, the 5th is almost complete unless...
Stock Name - Som Distilleries & Breweries 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 156
#This is not Buy and Sell recommendation to any one. This...
Stock Name - Som Distilleries & Breweries 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 136
#This is not Buy and Sell recommendation to any one. This...
📊 Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Breweries & Distilleries
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of...
#SDBL looks to be a eligible counter for breakout above 52
The stock made a high and then formed a new base in 45+ zone and then moving up again
The volume support has been increasing in the recent past
On the weekly TF The counter has making highers highs for while now and nearing its recent BO point
Note : This article is for education and research purpose...
