ASCENDING TRIANGLE - SFLNSE:SFL
Breakout stock. Pretty much straight forward trade. Target 3700-4000. Stop loss below previous low.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
SFL trade ideas
Sheela Foam All detail for chat. good entry at mark price only. and must stoploss is 2920 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
SFL is a value buy at current levels...Stock has corrected a lot and has reached a strong support which is a confluence of 50%, 161.8% and AVWAP......one can slowly start buying for good gains in future..
Sheela Foam- Short1. Downward Tend Continues
2. Stock below 200 MVA
3. Very high PE of 63
4. Next immediate support level is @2400
Strategy - Wait for 2400 level for re-investment.
Sleepwell eka Sheela Foams | Great Swing Trading Opportunity |Great Swing Trading Opportunity in Sheela Foams
Target 7 - 16%
SL - 2974
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SHEELA FOAM -SYMMETRICAL TRIANGLE BREAKOUT DAILY TIME FRAME . SWING TRADE-Sheela Foam Has Formed Symmetrical Triangle Breakout Daily Time Frame. Expect a 5-7 % Return on This Stock. Plan Your Trade .Only Education Purpose.
Swing tradeHigh probability trade for long upto 5% to 10% target with a stop loss of 3% ., on daily basis candle close...
Note :- Education purpose only... Not a call
SFL : BULLISH VIEWCan be a good Buy@CMP
TGT - 3500 & 3600
SL - 3000
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Sheela Foam (SFL)Monthly channel pattern breakout was followed by 2 weekly channel pattern breakouts. Currently the price travels in 1hr timeframe expanding triangle pattern.
Sheela Foam Limited (SFL) - New High formedStock has broken out to form a new high. Can be added for a swing trade
SFL - Price and Trend SetupStock stuck into narrow range and may give breakout in any direction soon. Looking at fundamentals and operations of company it could lead to further up run if able to break resistance and sustain it for long.
we can see a breakout we can see a breakout in sheela foam
if hold support yhen upmove possible
cmp - 2374
resistance - 2407
support - 2310-2330
target - 2405,2440,2490,2600+++
buy- cmp-50%qty
support -50%qty
time frame - 7 to 15 days
sl - 2200
SFL-LongVery Good Port folio Pick
Stock in Housing Theme
Leader in Bed and Foam.
Good Growth in Profit and revenue as well
SHEELA FOAM LTD - MULTI YEAR BREAKOUT WITH HUGE VOLUMESHEELA FOAM after a few months of consolidation and strong performance seen a huge multiyear breakout pattern with enormous volumes at higher levels. One can buy sheela foam ltd. with a target of atleast 3000 in coming 3-6 months timeframe.
