Seshasayee Papers Buy!!!All Time Highs & Breakout Of The Wedge Pattern With Consolidation Form. So Keep The Eyes On This Trade
Stop Loss @ 1185 & Target In The Risk Reward Ratio Of 2:1.
SESHAPAPER trade ideas
SESHAYEE PAPER - NICE BULLISH SETUPSeshapaper
CMP 1099
Stop 775
Target 1500 plus.
1) Stock has broken out of the consolidation zone with good volumes
2) RS / MACD / Stoch all satisfy buying conditions.
3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
Year long rectangle on verge of breakout#SESHAPAPER Year long rectangle is on verge of breakout. Above 840, it would be interesting. One can target 1020 with SL: 780
Seshasayee Paper & Boards Ltd (Pennant Pattern Breakout!)Technical : Pennant Pattern Breakout Confirmed! @ 871 on Weekly Chart Candle Close
Technical Target : 1580
Fundamentals Very Strong :
(Fundamental Medium Term Target 2500)
(Fundamental Long Term Target 3500)
1.Total (Mkt. Cap) : 195 cr
2. Debt : 0.22 cr
3. Stock PE : 8.50
SESHAPAPERSESHAPAPER CMP @766
SL - 720
Accumulate Dips for Initial Targets of 800, 830 & 870RS!
Will Update Further Targets, Once it Close Above 870!
Seshasayee Paper:₹ 751 Resistance :₹ 847 Stop:₹ 740 Seshasayee Paper & Boards Ltd:₹ 751
The stock is trading at support level in an ascending triangle.
An ascending triangle is a bullish formation that indicate accumulation,
usually forms during an uptrend as a continuation pattern.
Resistance :₹ 847 on breaking above ₹ 847 the stock can reach new heights. Stop:₹ 740
