Inverted Head and Shooulder on SUNTECKSUNTECK showing inverted H&S on 4H chart, price broke out of neckline and touched again giving further confirmation. if it do not breach neckline then 230 is the next target,. keep an eye on neckline support.
SUNTECK trade ideas
Buy Sunteck if price reaches 200Sunteck Realty has formed a bullish rectangle with a possible breakout at 200.
Ladder your buys. Buy at 200.
Buy again if price reaches 203.
Stop loss at 184.
Can the stock go up from here?I am expecting that the stock will not break the support area. Let's wait and see.
Sunteck Realty Ltd. - ANALYSISSunteck Realty Ltd. has formed Inverted H&S pattern in hourly chart.
It is likely to see further strength above swing high of 168.
Technical parameters look positive in the short term.
Keep a watch.
SUNTECK REALTYHas formed Morning Start on Daily Time Frame
If crosses today's high then upmove possible towards marked resistances
SMART MONEY ALERTAfter a constant bullish movement, smart money has been digested into this stock.
The resistance is now acting as support and will be a good bet for 1-2 months horizon.
Short term target of 525 and long term target of 580-600 with a quick Stoploss of recent low of 465.
ALERT Significant Increased holding by Mohnish Pabrai Investments.
Short on suntek realtyNear Previous high
Exhaustion candle supported by overbought RSI
time to go short
SUNTECH REALTY- Suntech Formed beautiful ascending Triangle formation fro last four months
- And now retesting the breakout which is a good sign for the further rally.
-Please Do your own analysis
Sunteck Realty : Excellent Technical Structure !!!Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
