Stock has been moving in a channel with a refusal to fall. A bullish indication from support suggests that the stock may be ready to break the channel.
Let's see.
SELAN - short term
looking good, so keep it on your radar to catch the momentum
Buy above 450 | Tgt 478 | sl 433
It is my view, to trade on your analysis.
1. STOCK NAME:- SELAN EXPLORATION
2. PRICE:- 400 approx.
3.Technical Analysis: Study the stock's price movements using technical analysis. Analyze charts and patterns, including support and resistance levels, and trading volume. Technical indicators like Relative Strength Index (RSI) can provide additional insights.
DO YOUR ANALYSIS ALSO DOSTO.
Stock Name - Selan Exploration Technology 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 339
#This is not Buy and Sell recommendation to any one. This...
knowledge is of no use if u can't plot an action.
selan exploration chart
monthly chart showing strength
can go to ATH
daily chart gave cup & handle breakout
good to accumulate between 240-260 zone
target is ATH
Stock Name - Selan Exploration Technology 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 248.
#This is not Buy and Sell recommendation to any one. This is...
SELAN EXPLORATION TECHNOLOGY LIMITED
broke weekly and daily trend line ,and move up.
entry preference after retracement ,
for educational purpose only ,do your own analysis and enter into trade
Near the Breakout level of the parallel channel with strong green candle after taking support on the average of the same parallel channel at 188
Also near at the multi year trendline breakout above 215, Had tested this line in Apr 2022 for 225
