Sonata Software Limited (CMP 842) has been making waves in the stock market lately, drawing attention from investors seeking opportunities in the IT sector. Today, we delve into the technical analysis of Sonata Software, focusing on its daily timeframe chart to identify potential trends and opportunities.
Bullish Momentum:
The daily timeframe chart reveals a...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Sonata Software is in a good structure to trade. All important level marked with target And SL. Read all with your analysis before entry. Happy Learning with Swing Trade Academy
SonataSoft
The Best setup bullish
Rounding Bottom Pattern found in 4H Time Frame, It is indicating above 1100 close for at least 1 day, It will go to 1148, 1200++
SL : 1075
Risk is yours and reward is too yours
Sonata Software surges 6% in weak market on healthy Q2, 1:1 bonus issue
The board also declared an interim dividend of Rs 7 per share (700 per cent on par value of Rs 1) for the financial year 2023-24
Shares of Sonata Software surged 6 per cent to Rs 1,101.50 on the BSE in Thursday’s intra-day weak market on the back of heavy volumes after the company reported a...
SONATASOFTW has broken out of a long flag on the upside and holding the level. Previously it broke out of a long cup pattern and never looked back. High Volume and High RSI.
An On Neck Chart Pattern Breakout happened on the Daily Time frame of NSE:SONATSOFTW
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on a Daily closing...
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
After 2 months of Consolidation, Sonata Software is ready to make next big move. I will buy above 1080 for the target of 1220 and Sl of 1010 i.e., 1:2
(CAUTION: PLAY AT YOUR OWN RISK - DONOT FOLLOW BLINDLY)
## Trade Details
- Name of The Stock: ****Sonata Software Ltd****
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 1050.00
- Stop Loss: Initial 952.00 (Trail accordingly)
- Target: above 1270.00
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## Chart Details
- Stock is cooling of after recent rally
- Ready to to breaks the 52 week high soon
-...
