The stock has taken a support again on the trendline shown on the charts. and given a reversal. If momentum begins on the upside, this can be a good positional trade with a good risk reward.
All levels are mentioned on the charts.
This illustration is only my view, not a piece of trading advice in any form. This is only for learning and sharing purposes.
All the best.
SARLAPOLY took support at Monthly resistsnce and Supply Zone after the BO and a pullback🔥
A Round Bottom Formation is completed now.
-CMP 64.95
-Support 60
-Resistance 70/75
#breakoutstock #SARLAPOLY #patterntrading #inverseheadandshoulder
SARLAPOLY : Weekly (1-3 Months)
>> Breakout Stock
>> Trending Setup
>> Inverse H&S pattern
>> Good Strength & Volume buildup
>> Low Risk, High Reward
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur...
SARLAPOLY (Sarla Performance)
About the company
Sarla Performance Fibers Limited is engaged in the manufacturing and export of polyester and nylon textured, twisted and dyed yarns, covered yarns, high tenacity yarns and sewing thread
Weekly Chart Pattern
Setup..
cmp 50.45
any dip upto 45 can be bought
For targets🎯 55 / 57 / 60+
Above 60 it would...
Sarla Poly is looking good on monthly time frame. Stock is forming rounding bottom on weekly /monthly time frame. Seems stock will retest previous all time high levels. Keep on radar.
NSE:SARLAPOLY
cmp is 50.45
now its time to study this setup and find opportunities for making gains in coming months
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct...
Chart -> SARLAPOLY Daily
After a long trend of lower highs and lower lows, it made a higher low and broke a higher high this time. Time for a reversal?
CMP: 45.85
Good Range To Buy: 43 to 46
Targets: 50, 55, 60, 70
SL: 40 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please...
Sarla Poly
Chart was range Bound and Candle Almost Broke the Pattern on3.6.22.If Day candle sustain above 54.25 then target Would be 57.10 Entry@53, SL 51.05
CMP: 63
- Volatility contraction pattern
- Making higher lows
- Bounced from 200 ema
- Promoters as well as FIIs have increased their stake in the last 2-3 quarters
