Channel breakout above 170 RSI crossing above 55 will give bullish momentum
Consolidation at downtrend , buy when a strong close above the trendline.
trget 1 , 223, target 2is 267, view 3-6 months. sL 2% below recent swing low in closing basis
SEQUENT on the verge of trendline breakout Reverting from the demand zone Targets mentioned on the chart
200 day EMA with morning star pattern and Fibonacci retracement level of 61.80 last bullish candle volume : 62.607m Sector : pharma, intrinsic value 63.9👎 Entry:180 sl:150 target: 210,235,275 #morningstarpattern #fibonaccigoldenratio
Descending channel breakout above 195 RSI bullish Divergence Rise in Volume Relative Strength should come above 0 line for confirmation
Sequent. The stock was in selling spree, looks all the selling is done. Look for this counter above 185.
It is still trading in this downward channel. I don't expect the trend to change until and unless this downward channel is broken on the upper side. I request everyone to wait for the signal and not rush in this stock. Don't get trapped looking at the volume.
Stock had given a breakout and after touching All Time High was correcting. But now at resistance turned support, stock gave a false breakdown and reversed with good volumes. Can be added for a positional bet with low risk and high reward
Sequent Scientific - Case study of Price Volume Breakout. Potential stage 4 to uptrend transition. Only for educational purposes.
Bullish movement in this stock after monthly chart pattern breakout was stopped by weekly chart pattern breakdown
Sequent Scientific is in Animal Pharma API business, it is a very strong player in a relatively small industry. The stock is currently at its 61.8% retracement level. The stock should take support here, however, expect a time wise correction now in this counter. I remain Neutral but this can be a good accumulation zone if the levels are held.
Sequent: Broke support Looks Weak Weak below 162 with SL 165
This is how price volume action along with exit indicators coupled with fundamental understanding of business can help investors. This is case study of buy-add-sell framework. Only for educational purpose.
Sl compulsory Buy above 2 weeks high Bear volume still high so wait for the close of weekly high for long
sequent long term trade analysed on 9 nov 2021 sequent long term trade analysed on 9 nov 2021 sequent long term trade analysed on 9 nov 2021
stock back at cycle point and also at top edge of pitchfork
BUY SEQUENT @ cmp : 222 Target : 235-245-260 SL : 200 Crossed above pivot