SIYARAM SILKeducational idea siyaram silk we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis
SIYSIL trade ideas
Siyaram on the breaking pointOn the verge to breaking.
Wait for price to go above 523 and holding this point
NSE:SIYSIL
Intraday Trade watch above resistance breakoutbuy above 518 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
siysilk episodic pivotNew position long@483
Good quarterly results
Stop :LOD
Small position ( general market volatile)
Not a trade advice
long term siysil. inverted head and shoulder pattern. good to invest in 2022. long term. buy only after it breaks out, sustains and retests (if).
self explanatory chart.
ping me if u have any questions.
Sitaram Silk...breakout possibleSiyaram silk on the verge of breakout...cup pattern formation is going on...can be entered for the target of 550-600...idea for educational purpose only
Cup and handle pattern for SiyaramGood Cup and handle pattern formation for almost 2 year chart frame will give atleast 20% above 465
Expect a major movement soon!Watch out for Monthly Closing above 486. If that's done and sustained, we'll meet at 800! :-)
SIYARAM SILK Cmp 451 dated 22.10.2021SIYARAM SILK Cmp 451 dated 22.10.2021
1. Rounding Pattern on chart BO @ 455.
2. H&S Pattern BO @ 455.
Buy for a tgt of 530-570-650-725-790
Shorterm SL @ 390
Long tgt Stop loss @ 350
It is just a view, pls trade at your own view.
SIYARAM SILKBreakout from the triangle pattern.
Expecting a small retest before the up move which gives an opportunity to accumulate.
SIYARAM SILK LONGReasons and Indicators to buy:
-RSI above 60
-MACD Crossover
- Higher volume than the past 5 trading sessions
fistive trade gonna go up from this level due to festive season textile is gonna go up and increase in volume confirms it...double bottopm rntry tomoroow
big buy order
SIYSIL : Round Bottom formationStock is forming a big round bottom.
As the textile stocks are picking up the moment this stock has a long way to go.
Peers like century textile have already run a lot.
Stock has now made a pole and flag pattern which broke out last week and now stock can pick a good moment til 464.
DISC: For educational purposes only.
