Long Sanco industries.Long sanco.
Trading at all time support
Stoploss 7.55.
once it moves to your favour revise stoploss for previous candle.
SANCO trade ideas
#SANCO SANCO #NIFTY #BANKNIFTY #FINANCE #NFT #BTCUSD #MATIC #NSENSE:SANCO
Sanco Industries Ltd.
NSE:SANCO
CMP: 10.10
Target: 13 ++
SL: 8.60
Timeframe: < 6 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
SANCO buy setup (Risky counter trend trade)Buy SANCO after a close above 17.50 on weekly chart
T1: 22.50
T2: 25
T3: 28.50
SL: 14.80
