SONATSOFTW trade ideas
Sonata Software Ltd weekly chart studyPositional traders & Investors avoid buying at current levels.
Recommended buying levels (130-150)
Stop Loss: 112
SONATA Software respects 360This market is on the verge of breakout. 360 is getting respected and that can considered as a stop. Looking for targets 379 and 410
#SONATSOFTWTarget 211 from last strength candle base 172*1.23
Volume spurt
CCI >100 on D M W charts
SL 155
Sonata Software - Investment View.Descending Triangle Break Out.
Multiyear Support @ 145.
PE : 10.64.
Industry PE : 18.95.
Dividend Yield : 5.75%.
Data Taken From Internet.
Investment View for 1 Year.
Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
sonata software is in consolidation modeSonata Software is in deep consolidation on top if it breaks 180 level with good volumes then it will make a new high near 220, otherwise it will break down
On verge of Ascending triangle and 200SMA break out.On verge of Ascending triangle and 200SMA break out.
WILL UP MOVE SUSTAIN WITH IT INDEXAs the IT index is moving up,this stock is in my watch-list.Momentum looks good.
P.S. ------- This is not any recommendation to buy or sell. It is for educational purpose only. Money market is risky. Talk to your financial adviser before any investment decision.
Wish you all a very happy and profitable trading. Thanks !!!!
Sonata Soft - Breakout from a channelAs depicted in the chart attached, Sonata has witnessed a breakout from a 5 Year channel on higher volumes. This indicates that the move is intact and one could look to enter the stock with a target of Rs 235 on the upside. Stop loss @ Rs 171
