looking really good. More than 3 rejections on the downward trendline probably breakout if nifty supports LETS WAIT FOR A GOOD DECENT weekly CLOSE ABOVE 242.5 levels
NSE:SANDHAR high volume breakout in sandhar technology, also formed double bottom in weekly timeframe :educational purpose only no recommendation to buy
at an important support zone. An upmove is expected from here
Sandhar giving very good triangle pattern. Buy after the breakout and you can grab 15% move.
▪️sandhar technologies ▪️Reverse H&S on weekly charts ▪️Retest going on ▪️Stop loss below 230
RSI breakout done Confirmation on MA crossover remains. Look out for breakout.
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Entry@CMP Short term - 340 Positional Buy - TGT - 400 & above 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We...
Safe Entry: Above 305 since it's a resistance. Otherwise, wave 3 has already gone above the end of wave 1. Targets: 345-451
if Symmetric triangle back label in chart Buy above 285 Stop Loss 265 Qty as per Risk appetite
Looks good for long, With SL 272.90 Education purpose only.
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
Bullish Flag breakout in Sandhar Technologies Ltd.
Check this attachment of weekly charts for clear levels.
Sandhar is decent stock for portfolio Trading near BO levels currently
Sandhar technologies formed inverted Head and shoulders pattern in a weekly time frame. I believe all time high can be acheived till next year. Keep following for more updates.