Speciality restaurant : CMP: 115 sl: 90(wcb) target: 145/185/220 Note: educational post
SPECIALITY Buy-Above 100 Sl-90 T-115 123 130+ The stock is ready to breakout. This a bit aggressive as we are taking positions before trendline breakout. Safe traders can enter after trendline breakout. The stock has made a bullish continuation structure. You can call it a bullish pennant or symmetrical triangle.
SPECIALITY RESTAURANTS as per monthly chart analysis the stock was in continuous down trend channel and this month stock has once again moved up breaking the channel. Resistance 115 once broken then target 140 is achievable.
Self explanatory chart. volume contraction visible. wait for green candle with volume above 20 sma. RR 1:1 and 1:2 (T1 & T2 ) just for learning purpose. use ur analysis.
SPECIALITY once closed above 80 in this October monthly, its clear monthly break out then will see 120-150 soon in midterm
Good to add near cmp to till 64 SL BELOW WEEKLY SUPERTREND 43 TARGET 2X
stock is falling from the day of listing..now looks like formed a base and double bottom pattern confirmed with breakout...
SAFE PLAYERS CAN TAKE ENTRY WITH 2 POINTS STOP LOSS
Weekly breakout is seen with amazing volumes. About to complete Tripple bottom. Keep it on the radar.
A close above 54 will take it to 75. Strong brand, whenever you dine at Sigree, MainlandChina, Hopipola etc.....do buy shares worth same amount assuming you paid double :) Later your dine should be free :)
Explanation in Chart. High risk counter. Target 30%+. Volumes shot up. Warning: Fundamentally not strong company. Keep strict Stop Loss @ 47.
buy at CMP and add in dips till 45 SL 41 dcb
Speciality Restaurant stock analysis
Positive momentum for Speciality Chemicals. [Notice bullish divergences. Perfect time for a rounding bottom formation for high risk traders/Investors.
Speciality after a nice rally has given a flag breakout. A flag breakout is a continuation pattern which suggests that the uptrend will continue. Go long at current market price 120 for target 124,128 and then 135,140.SL 109 on closing basis. Goodluck Trading!