*for educational purpose only.
Weekly RSI is above 60 showing strength in stock.yesterday company has released its result. Company performed very well as compare to previous quarter. Short term target 137
Sah polymers made a bullish weekly candle and forming higher high- higher low pattern on daily TF.
Make positions in the range of 75-80( any bullish candle or hammer candle on daily chart)
Tight SL at 72.
If we apply fibonacci levels, Targets are 100, 110, 120, 135 OR trail using 20EMA.