Short to midterm investment idea - SIGACHI. *FOR EDUCATIONAL PURPOSE ONLY*
SIGACHI Daily has inverted head and shoulder breakout, with 200 ema support on daily candle. Not good to buy at cmp 340 . Wait for retracement near 310 for buying for target of 425 with sl below 282
NSE:SIGACHI Cmp : 328 Entry : Closing above 342 or near 305 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Good acccumulation! Good structure if it breaks on the upside with volume. Trade only after breakout.
Head and shoulder chart pattern formation is done in Sigachi Industries. Waiting for closing above neckline/confirmation line. Thanks for watching video.