SNOWMAN Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Range Bound in daily & Weekly TF.
* From Nov 2023 to July 2024 its in range.
* From Feb 2024 to July 2024 Tested Resistance Many times & Now Moving near Resistance.
* It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume.
* Volume Buildup (Volume is Rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
SNOWMAN
Snowman Logistics Ltd.Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment.
Market Cap: ₹ 1,341 Cr.
Promoter holding: 46.4 %
FII holding: 2.67 %
DII holding: 1.16 %
Public holding: 49.7 %
Snowman Making a Cup and Handle pattern and above breakout level we can see the good move up in it. Buy on dip will good and company is doing constant growth and making a good profits.
Long Snowman LogisticsSnowman Logistics
NSE:SNOWMAN
CMP - 55
Stop - 40 on DCB
Expectation -
T1 - 70
T2 - Open, Review at 70
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing