buy above 400 in Intraday which is previous day high For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For...
NSE:SUNTECK Buy only above 395 SL closing below 348 T 408 433 455 Closing above 460 can see 500+
Price is consolidating in a range .. Upon a good breakout a decent RR is possible.. Watch for breakout in the coming weeks. See the chart for details
NSE:SUNTECK
SUNTECK reality near breakout zone
The stock has given a sloping channel breakout on the daily chart. Price has fallen from its high of 394 and has taken support at Demand Zone and given up move. RSI also moved from the oversold zone. We can expect price movement up to 300 to 320 in the near term.
1) PA - Channel/Trendline breakout from bottom 2) Daily MACD Bullish 3) RSI > 60 4) DMI/ADX turning up 5) Reality Sector is bullish 6) According to FII Investment data FII and pumping money in Reality Sector
Levels are on the chart, extracted by Harmonic pattern. If you have doubts feel free to ask in the comment section. Trade Wisely and Smartly.
sunteck chart analysis for intraday and swing trading
sunteck chart analysis for intraday and swing trading
result of sunteck chart analysis
1) Double bottom with negative divergence on a downtrend 2) sector has been negatively impacted due to rera for last 1 year 3) News - DSP MF buying Oberoi, Sunteck and Prestige in last few months 4) Risk - Home interest likely to be volatile due to currency and oil prices