At its crucial level if breaks the trendline then fall to 48 or 44 levels and if take the support then go back to 56 level or higher... I am not a sebi registered person. This analysis is only for educational purpose. Please consult you financial advisor before investing. Any risk or reward will be yours responsibility.....
Snowman Logistics NSE:SNOWMAN CMP - 55 Stop - 40 on DCB Expectation - T1 - 70 T2 - Open, Review at 70 Expected Holding Period - 80 trading days or earlier for T1 Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
it is on the verge on consolidation breakout at current levels. RSI is above 60 on daily chart. breakout at this level can rally upto 71 levels.
SNOWMAN looks like it is coming out of a consolidation, and making higher lows. Target Zones: 58-62.50-66.50 Stop Loss Zone 48.15 closing basis Disclaimer: This is just my personal view. Please do your own research before trading.
Snowman Logistics close to Breakout of cup and handle pattern and ascending triangle. Important levels are mentioned on chart. Not a SEBI registered advisor and not a buying or selling advice. Trade after consulting your financial advisor.
Cup and handle formation, Ready to break resistance. CMP - 53.75. Target - 60 - 62.
Snowman logistic has rested W pattern at 45 to 47 level and moved up. Strong zones and fibbo zones suggested in graph. immediate target 65. I am not sebi reg. do consul your fin. advisor.
Reasons : Cup and Handle formation. Good volume. Crossover. Vaccine distribution news by private entities Good after crossing 56 for a target of 60 to 62 Cooments and correction are welcome.
Buy after breakout for targets of 56 and secondary target of 69. Disclaimer:- For educational purpose only. Follow for more daily updates
My idea is for educational purpose. Buy Snowman logistics. Strong spport at 46 that can be kept as SL. Buy @ 50 for short term target of 10-20% (57-70). In long term it is expected to reach 200.