it has formed a Flag pattern on lower time frame. consolidating for the last one week with lower volume. breakout at upside can give good rally ahead
A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. STOCK NEAR TERM BULLISH FORMATION
it has formed a double bottom on daily charts. it has taken support at 100DMA. 475 levels and resistance trendline could act as a resistance.
SIS has broken out of channel pattern and had given a pull back to earlier resistance ,which would hopefully act as support now.
The stock was trading in a range and had given a breakout with volumes and now again retesting its breakout ....levels of entry tgt and sl are mentioned in the chart
My plan E1 - 495 - 03 Aug 2021 T1 - 540 - 545 - 05 Aug 2021 - 10 Aug 2021 E2 - 505 - 16 Aug 2021 T2 - 561 - 25 Aug 2021 - 30 Aug 2021
NSE:SIS My plan E1 - 495 - 03 Aug 2021 T1 - 540 - 545 - 05 Aug 2021 - 10 Aug 2021 E2 - 505 - 16 Aug 2021 T2 - 561 - 25 Aug 2021 - 30 Aug 2021
Hi All, Welcome to Thenali Views !!! We are now going to Analysis the SIS Ltd!!! Trend was consider to the bullish and strong trend. Script has formed Bullish Flag and Pole Pattern and has braked out. Now the script has retested the Flag and try to brake. If the script closes above 494 in Daily time . Go for Long Target - 530 SL - 487.70 ( Closes in Daily Time...
H&S pattern on daily time frame. Breakout & re-tested.... Expecting a good move.... Keep an eye.. Follow THE DECISIVE because WE HELP YOU TO DECIDE...
The stock looks good above 530 for further upmove
comment your quries.
#SIS, CMP: 507, Heavy volume & accumulation in past 2 weeks, rounding pattern formation with breakout, Expecting target upto 576 ..!! NSE:SIS