SEQUENT trade ideas
Positional or Longterm Opportunity in Sequent ScientificGo Long above 185.1 for Targets of 219.7. 254.3, and 288.9 with SL 150.5
Reasons to go Long :
1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Inverted Hammer (marked with orange color) is formed around 0.618 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Sequent could be a trend reversalBreakout with volumes
Made a double bottom earlier
Could be a trend reversal
RSI strong
Stay tuned!!!
SEQUENT SCIENTIFICThis is a stock with good fundamentals available at good levels.Technically the stock has given breakout of a symmetrical triangle.
Sequent breaking LL and LH patternBuy 40% at CMP(184.05)
30 % above 194
and rest above 202
Target - 215/222/240
sl-160 (wclbs)
Frame 1-3 months
Disclaimer: This is educational purpose only. It is my personal view, please trade at your own risk.
sequent scientific watch pattern leveldouble bottom rounding pattern
watch level and breakout sustain.:
market risky confirm ur end techno funda .
posted only as to learn
Sequent, new breakoutSequent scientific breakout is done.
Adding more quantity.
For long term only.
#vr
Looking good above 169.5Looking good above 169.5
Short Term target: 185
Idea is for educational purpose.
Sequent Scientific Descending channel breakoutChannel breakout above 170
RSI crossing above 55 will give bullish momentum
sequenttrget 1 , 223, target 2is 267, view 3-6 months. sL 2% below recent swing low in closing basis
SEQUENT looks promising to breakoutSEQUENT on the verge of trendline breakout
Reverting from the demand zone
Targets mentioned on the chart
My swing pick200 day EMA with morning star pattern and Fibonacci retracement level of 61.80
last bullish candle volume : 62.607m
Sector : pharma, intrinsic value 63.9👎
Entry:180 sl:150 target: 210,235,275
#morningstarpattern #fibonaccigoldenratio
Descending Channel pattern in Sequent ScientificDescending channel breakout above 195
RSI bullish Divergence
Rise in Volume
Relative Strength should come above 0 line for confirmation
SequentSequent.
The stock was in selling spree, looks all the selling is done.
Look for this counter above 185.
Chart Analysis of Sequent Scientific (11 Dec 2021)It is still trading in this downward channel. I don't expect the trend to change until and unless this downward channel is broken on the upper side.
I request everyone to wait for the signal and not rush in this stock. Don't get trapped looking at the volume.
Breakout and Retest. Strong VolumesStock had given a breakout and after touching All Time High was correcting. But now at resistance turned support, stock gave a false breakdown and reversed with good volumes. Can be added for a positional bet with low risk and high reward
Monthly TF Breakout followed by Weekly TF BreakdownBullish movement in this stock after monthly chart pattern breakout was stopped by weekly chart pattern breakdown
Sequent ScientificSequent Scientific is in Animal Pharma API business, it is a very strong player in a relatively small industry. The stock is currently at its 61.8% retracement level. The stock should take support here, however, expect a time wise correction now in this counter. I remain Neutral but this can be a good accumulation zone if the levels are held.
sequent long term trade analysed on 9 nov 2021sequent long term trade analysed on 9 nov 2021
sequent long term trade analysed on 9 nov 2021
sequent long term trade analysed on 9 nov 2021
