As we can see there volume on the bottom and the weekly close was above 150 levels. We can have targe of 250 in the coming months
Selan Exploration closed at a post crash weekly closing high of 154. In doing so, it broke and closed above a 30 month old weekly resistance trendline on the chart. It also closed above the 200 WMA (dark green colored line on the chart) for the first time since 2019. The stock should continue higher in the short to medium term. One can go long at CMP and add more...
Selan range breakout above 138-142 .. stock can do 170-200 in coming months stoploss 125
SELAN Forming Cup with handle Pattern A green candle tomorrow will confirm the breakout Trying to break 144 level. currently the stock is in buying zone. Only for Education and Learning Purpose.
if it cross 140-142 range with huge volume , continuous up movement
Intermediate Support at 145 - 158 Long term Support(Hulk Support) : 99 - 102
Entered at 2nd August at 198.8 with stop loss at 189.5 Update stop loss I - 240.50 on 14th August 2018 Update stop loss II - 248.8 on 20th August 2018 Current stop loss is 248.8 In case of stop loss confirmation, points captured would be 248.8 - 198.8 = 50.
Great return on equity. Investor like dolly khanna has entered. Buy for positional.
C > 264.40 H > 270 with strength required on M charts TGC is awaited Another round of accumulation could have these ready for a blast
SELAN is in the formation of Bottoming process. It has given breakout of long term resistance of 200. Now once it crosses minor resistance of 242 level expect it to zoom. Buy above 242 with a Stop loss of 220
Stock is best buy above 235 SL 210 Tgt 260/300/360/400
Breakout on daily chart with today's good volume indicating further move. T1- 250 & T2-274
Selan at Support, Buy this with very small SL of Close below 150. Target 170/190/210.