Detailed analysis given on the chart NSE:SFL
(Analysis for Educational Purpose Only) By @Vinita_Enggr
(Analysis for Educational Purpose Only) By @Vinita_Enggr
Stock 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 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.