In the Weekly Chart of SFL ,
we can see that, it has created a Halt candle at very bottom.
we have a opportunity to buy at bottom with RSI less than 30.
Enter on breaking its High with Low as SL.
8 Day + Hourly Just above 300 ema apna, testing- Balaji (SUPER No Change Required + EMA )
1) Sheela foam is Consolidating for long
2) May give new highs soon
3) Wait for Breakout
4) Volume seems supporting
5) Change in trendline Angle Noticed
# follow, Upvote for more...comment for query
From February 2023, SFL has started making its range between 990 to 1200's level. If we look at the pattern that it has created, it is more of a volatility contraction as it makes a higher low in the second contraction and it continues to go if you see it contracted to a smaller range from 1200 to 1061. Now the pattern looks promising as it is above the 1200 level...
Stock is in good shape and FII and DII have increased their holding. Stock is available at an attractive price and has a potential to give 50-60% rise.
In the Weekly Chart of SFL ,
we can see that, it has given breakout.
Let it retest and then enter with SL & target.
Expected momentum is shown in chart.
NSE: SFL is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
After a good dip, stock now showing some momentum.
Invested in the stock already
respecting each Gann levels.
respecting Gann angles
Respecting 20 MA on weekly & daily
Good for Long.
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling wedge & Descending triangle
📌 Symbol/Asset: SFL
🔍 Description: Stock has given fallng wedge breakout. and now making descending triangle. We might see good bounce hereon.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of...
#SFL Sheela foam Ltd acquired the Kurlon and now market leader in the category. Rechncally chart shows reversal frm the demand zone. Can be added for good upside from here.
CMP 1256 tgt 1600/1750/1950 SL 1150
Subject: High Potential Long Trade Opportunity for 50% Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid...
Sheela Foam Long indications from the chart. Need to wait for it to break on the upside.
Can look it as good bounce from the Fibonacci levels. From the 78.6% levels with a good support base at 794-810.
Looking at the levels of 1300 in near term if it sustains with good volume. Also to watch out for break and then the retracement around it on the chart.
No...
Go Long above 1203.35 for Targets of 1286.7, 1370.05, and 1453.4 with SL 1120
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Hammer (marked...
Buy Above 2732
Stop loss 2586
Good Risk: Reward Zone
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You...
Entry: 3085
Stop Loss: 3015 (closing basis)
Target : 3425
Notes:
VCP pattern formed as base
Breakout with good volumes
Retested Bo with declining volumes
