Stock Name - Shiva Mills Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 134
#This is not Buy and Sell recommendation to any one. This is for education...
A high volatile stock, who has moved violently on the last week.Siva Mills has shown great volume, and price spike, breaking its 52 weeks high, A proper breakout from its high with volume is a clear example of Darvas box, A strict risk to reward should be kept, The stock can be considered for short to medium term trade,
just put in watchlist if retest near 129 to 128 and stay above this rang then go long for 150 trgt.......................................
wait for 3 days
