This is only for educational purpose. Kindly check the chart for yourself. It speak for itself..
Cup and handle pattern breakout with good volumes.
Bullish on SASKEN TECH, stock has formed a Cup & Handle formation and a double top at 1400 a break above current levels would open higher levels. CMP :1400 STOPLOSS: 1100 TARGET : 2000 TIME FRAME : 6months
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Detailed View about this Breakout: No.of Resistance: 6 No.of Support: 6 Consolidation Days: 555+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
In the Weekly Chart of SASKEN , we can see that, pinbar is created. Enter on breaking its high OR let it retest the trendline properly. Expected momentum is shown in chart.
CMP 881. could go up to 1098-1100. Stock under minor correction and near support level. making higher high and higher lows. could be a good entry at about 860-880 with sl at 843. stock has resistance zone at 960-980. stock is having a history of decreasing volume period(consolidation) followed by high volume spikes with increase in share price. P/E is only 12.27...
About: Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor , Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc. Located in India, the company has presence all over the world Technical...
Stock looks good for a good move up at the break of the amber plot Disclaimer: The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy. This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based...
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
double bottom formation in sasken technologies good move to up side can be see here
Why this trade..?? 1. Inverse Head & Shoulders pattern 2. Rejection at Fib 38.2% level Reasons mentioned in the chart. Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.
Sasken tech CMP: 1356 sl: 1050(cb) target:1525/1845/2250 Note: educational post
Below: LOOK AT PAST PERFORMANCE TO BUILD CONVICTION - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA
Sasken Technology is looking good for long above 1116. IT sector is under consolidation since past 2 month. Seems getting ready for next upmove.
The majority of IT firms are in support zone and hence NSE:SASKEN can be followed. It should make an attempt to enter its long-resting parallel channel & eventually breaking it to match ATH. Enter Range- 1173 to 1250 Stop Loss - Closing below 1158 Target - 1295 , 1410 , 1500 Only for study purpose. Not a trade recommendation.