SANOFI INDIA LTD NSE:​SANOFI

SANOFI Wyckoff

Buy on dips

See the chart, its leading to form double bottom.

Understanding the chart BoxBO for Range and Body CCI(All) > 100 TGC True Target 5737.50 / 5977.65 / 6366 Duration 6 weeks SL (strict): 4720 / (immediate) 4985 Target was achieved and exceeded!

Entered on 24 Jul 18 on 5619.95 with a stop loss at 5447.10 TSL update on 03 Aug 18 from 5447.10 to 5930.00 TSL update on 09 Aug 18 from 5930.00 to 6130.10 Current Trailing Stop Loss: 6130.10 In case of hitting Stop Loss confirmed profit: 510.15 points

BoxBO for Range and Body CCI(All) > 100 TGC True Target 5737.50 / 5977.65 / 6366 Duration 6 weeks SL (strict): 4720 / (immediate) 4985

Disclaimer.. not an investing/trading recommendation

SANOFI looking good on daily chart. Stochastic says the stock is over sold. from the pattern perspective it may test 4100-4200 levels Soon. SL close below 3930.

in weekly - price bounced from channel support and moving up, it can go up to the channel resistance. sl - 4010, tgt - 4852

The stock is showing strong support at the 4080 levels. The current pattern shows a descending triangle, constantly testing this support level for the past 3 months. The descending triangle is showing exhaustion as indicated by the Accum/Distribution trend. The A/D is a leading indicator that takes into account volume aspect of the trade as well. One should expect...

Sanofi will form a pattern of flag and it will be fly above to touch the target of 4501 in coming day.