SINTEXyeah this penny stock already 52 week low , now it forming the head and shoulder pattern , waiting for break out ,two support available to buy , i expect good retun in this stock ...
SINTEX
SINTEX PLASTICSince De-merger, The company has been in declining trend. Company was consolidating since long time and in recent times after the Reliance acquisition news the Company has given almost 200% return. Looking at longer term chart, Will it make a CUP Pattern or CUP with Handle? If YES, Still there is room for 15x to 20x.
Dis: Invested.
STOCKS TO AVOID < 3 > (conditional ..levels of 75) better stocks of the same sector are available like { X , Y ,Z } , I would enter the stock only if it sustains above 75 ... !
sintex getting ready to breakoutsintex getting ready to breakout we can observe huge volume is accumulating and triangle pattern is also ready to breakout
Wait for SINTEX to correct into the demand zoneHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for SINTEX
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Entry: Type 2; i.e. Wait for 1 candle to close inside zone and buy at next green candle
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
SINTEX high probability tradeHi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for SINTEX
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Trade duration (max): 2 week
Note: Target, Entry and SL on chart
sintex a clear buy for a great investmenti have been telling to buy sintex from 80-82 levels (you can refer my previous posts)
again in the coming weeks i expect sintex to touch the red line
whenever it touches red line - sintex can be bought for holding with a stop loss of 88.25
SINTEX - LAST CHANCE TO BUY BEFORE IT FLIES AWAYsintex elliott wave 15 minute chart
if it comes in the range between 90 to 95 , buy sintex ,
in my humble opinion - i think chances of sintex going below 89 is very remote
if it has gone below 89 ; then my chart is wrong , then we may have to consider alternate bullish view (do not exit your longs and never go short in sintex)
What is happening in sintex ?sintex from long time it is trading between 90 to 100
from an elliott point of view it appears that it is in ending diagonal
from an investment point of view keep buying on every support levels
once the correction is over - the next move should be super fast...
(may be upto 90)
Channel Trade Setups It is been observed that the price action in both stocks trending up in the channel. They both getting high demand on the support levels or the supporting line of the channel, indicating buyers pushing up price action in a channel setup.
I shall be updating the trade calls on Monday.
Regards.
SINTEX - BIG BREAKOUTIt is been observed on the Monthly chart that the price action broke above the downward trendline after 10 years indicating a big move ahead. It is indicating buyers comeback and it shall further take the price up. Interesting thing is that fundamentally the stock is trading below its intrinsic value, which qualifies it for a good investment.
Target 120
Stoploss: 85
sintex a multi baggerSintex as per elliott wave should be completing one wave today to go up between 96.5 to 97.5
and then will retrace wave 2 may be upto 94 levels
wave 3 should then start which should target a minimum of 160
buy sintex when it reaches 85 to 86SINTEX - i feel it is in the heat of wave 3 . kindly buy when it reaches 85 to 86
in one year time frame it has a target of 160 +
SINTEX - A MULTI-BAGGER for a target of 160 in 1 year time framesintex is in wave 2 and should consume mostly 2 weeks between 80 to 95
i will advise 1st part buying when sintex reaches 85-86
2nd part buying when sintex reaches 82
3rd part buying when sintex reach 80
SINTEX - A MULTIBAGGER FOR INVESTORSintex is within wave iii of wave 3
Look at the chart carefully
happy to clarify if you have any questions !
Sintex Industries: Sellers Negotiated at Lower Levels, What Now?Price has gone through a phase of accumulation and is now at the prior gap zone. Will it breakout or consolidate again? I am clueless and eagerly awaiting the outcome. This one is in my watchlist
Sintex 15 minute long term statergySintex is going to complete wave 1
shall advise buying in the range of 84 - 86
