Hi,
NSE:SDBL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop...
Som distilleries has retested a strong support zone and has formed strong bullish pattern in weekly time frame.
If bullishness continues, we can expect 2x returns from this stock in medium term.
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...
