Looking as multibagger Stocks big timeframe Trendline breakout
Bullish view on RISKY PENNY STOCK. . . . . . . . . . .
NSE:SANWARIA ========== Above 9 for target 10/11/12 with SL 8 ========== Not revealing my strategy, TA Why almost all calls are successful ? if want to learn ... inbox me
Based on fan principle the two lines already touched and ready to touch third line then breakout occur
Fresh up move can be seen if sanwaria manages to close above 11.40 and remains bullish
Next immediate resistance at 16.10 and 21.05 at a little distance away.
Good to see Sanwaria was able to hold support at 13.80. If it crosses 15.80 on closing basis, then the stock will be out of descending angle's influence. Going ahead the next progressive targets will be 16.10 and a medium term target at 20.80. Thanks.
Circuit revised? Rs.18/- may be touched tomorrow
Support at 14.55, short term target is 19.10
Sanwaria is in bullish move, may go to 19.65 in near term. Support at 15.25.
Sanwaria touched a low of 15.90. If this support line is held, we may see fresh up move in Sanwaria
Else we may see 15.75 in a week, where support exists.
#SANWARIA Daily chart now looking for bearish as per chart in heavy selling at higher level and now stock can move to 17 and this level will be good for buy if any lover of Sanwaria agro.
Positional Sanwaria Consumer Buy Range : 23 to 20 Support:-17 (CB) TARGRT 34,40,45
Hold it for medium term Targets shown on the chart
The stock has a multiyear support at 24 which will form the base for the next rally if Nifty is in uptrend if this support is broken the next support will be at 20 levels. Once can accumulate the stock for long terms and keep adding on dips the stock is in strong uptrend and has good potential owing to its exposure to Patanjali which is doing too good.