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
SHEELA 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.
Sheela foam looklike breaks out of consolidation
Stock has been in range bound for almost 5 months. Could be a good buying opportunity If the stock breaks out of the weekly resistance.
SFL - Good buy setup formed on 4-June Buy @ 2150-2155 range SL @ 2000 Target 2283, 2360+
A perfect blend of techno funda.. Strong Fundamentals. Now Stock trying to come out of a 6-month consolidation. Positional trader can long on the stock with SL at 1900
Good evening friends 2nd stock is Sheela foam limited stock is able to sustain above 2151 level than in the days to come you can see 2275 level our horizon on this stock is for week only and we are only expressing our opinion thankyou thankyou all
Good evening friends see you around 8.
SFL IS TRADING IN A RECTANGLE PATTERN. VOLUMES IN THE LAST SESSION WERE QUITE GOOD. WE CAN SEE 2400-2600 IN COMING SESSIONS.
Weekly Chart - Excellent Price Action development, Buyers defended the range of 1900-2000 levels for 5+ months. Ready for range breakout and Flag and Pole Breakout
SFL is trading in a range since almost 4 months. Closed the day at the breakout level with explosive volume. Closing above this range can give good swing opportunities.
NSE:SFL Levels are Mentioned in the chart... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose......
Stock trading all time high and consolidating for 143days is a high conviction bets. Wait and watch, good at around 2171.