This stock Breakout all time high
Cup strategy go for long buy above 4% of regolution point
SL below resolutions point 2%
Only for education purpose....
Small Cap Investing for short and long term.
Long duration breakout.
2013 breakout and support is available.
Sales and profit 5 times increased in the last 10 years. price is available in the same price.
technically strong support and taken a support on 13 year trendline.
For Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own Analysis.
#SREEL (SREELEATHERS LTD) IS READY TO BUY LONG
- Monthly Chart Shows W Pattern
- After 9 Year Breakout
- Last 2 -3 Month Volume Build up
Waiting Time 3-6 Months
Long Above - 375
SL - 340
Target - 400, 425 &
Thank you
NSE:SREEL has recently broken out from a double bottom pattern on the monthly chart, and this breakout was accompanied by significant trading volumes. In addition to this, there was a multi-year breakout with good volumes.
The combination of a double bottom pattern breakout with huge volumes on the monthly chart and a multi-year breakout further strengthens the...
In this Script, if facing resistance at around 319-320 range and not going below 295-302 range. In such scripts after so tight consolidation a move is expected.
Have targets of nearing 400 with SL 294.
Sreeleathers near resistance levels.
Earlier it had clossed the resistance momentarily but back to up levels where it can break the resistance only if the market conditions and volume on it is favorable.
Levels on the north would be 384-456 . First seems to go down as it has already run from 200 to the currentevels and then some nortward move with the base...
18 Month consolaidation about to brakeout .
emergance of ultra high vol .
Gapup.
holding on ultra high vol rejection sign of presence of strong demad as the suppy dryup will explode ..
keep watching NR or high vol gapup for entry
Stock Name - Sreeleathers Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 247
#This is not Buy and Sell recommendation to any one. This is for education...
Stock is forming Round Bottom and it has already given a breakout , good amounts of volumes are also picked up .
#learning #foreducationpurposesonly #stock
