Stock Analysis: #SPANDANA – Rising with Unusual StrengthHello, Traders! 👋
After a sharp decline of 65% from its highs, #SPANDANA is showing strong signs of recovery:
📈 Technical Highlights:
🔹 Yearly and highest-ever volume recorded for consecutive days—indicating something significant may be unfolding.
🔹 The stock has gained 17%+ for the last two days, signaling momentum.
🔹 It popped up on my weekly scanner, and I’m keeping a close eye on it.
💡 Previous Performance:
The last entry triggered by my ILTF indicator delivered a massive 130% gain.
💡 Current Plan:
I’m tracking this closely until the weekly close to assess the setup and identify a better entry point if the momentum sustains.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared purely for learning purposes—please do your own research or consult a professional before making any decisions.
Let’s see how this unfolds—could it be another big mover? 🚀
#TradingView #StockAnalysis #MomentumStocks #SPANDANA #SwingTrading
