SESHAPAPER CMP - 185 TARGET - 260 SL - 164 WCB #SESHAPAPER #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #trader_rohan
Breakout huge momentum expected positive news from china paper hike
SESHAPAPER is trading at confluence of multiple support zones: 1. Trend line support 2. 200DMA support 3. 200WMA support Confluence of all these supports makes us bullish on this stock. Longs can be initiated with 225 resistance as target.
Seshasayee Paper & Boards Ltd Ready to take off✔✔ ✔✔weekly chart✔✔ enter @155-160 range sl 145 trgt 180-194-225++ all studies explained in the chart. reasons for this entry 🧩trendline are mentioned in the chart. 🧩there is a ascending triangle pattern. 🧩volume increasing. 🧩fundamentally almost good 🧩sound financials. hope you likedi it ,...
After long accumulation, the stock has given Wedge Pattern Breakout with a good and increasing delivery volume. It is taking resistance near 168 of the inside wedge. Closing above 169 will move the price ahead. MACD crossover confirms positive price movement. We can expect a target of wedge pattern as 255 in the near term.
Seshasayee Paper & Boards Ltd
Seshasayee Papers: Looks like good accumulation is happening. Any time it may burst.
Good Accumulation happening. Accumulate it till 140 for target 160 with SL 134. Break Out trade above 164 and sustains can expect target of 180 200 levels.
A STOCK IS IN UPTREND IN LONG TERM (MONTHLY TIMEFRAME) AND RECENTLY IT WAS RETRACED UPTO 0.618 LEVEL. ONE CAN GO LONG WITH THE SL BELOW the low of the previous monthly candle(Rs 116) WITH TARGET AT Rs. 269.
keep watch Breakout trade. buy on retest
All Time Highs & Breakout Of The Wedge Pattern With Consolidation Form. So Keep The Eyes On This Trade Stop Loss @ 1185 & Target In The Risk Reward Ratio Of 2:1.
Seshapaper CMP 1099 Stop 775 Target 1500 plus. 1) Stock has broken out of the consolidation zone with good volumes 2) RS / MACD / Stoch all satisfy buying conditions. 3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
#SESHAPAPER Year long rectangle is on verge of breakout. Above 840, it would be interesting. One can target 1020 with SL: 780
Technical : Pennant Pattern Breakout Confirmed! @ 871 on Weekly Chart Candle Close Technical Target : 1580 Fundamentals Very Strong : (Fundamental Medium Term Target 2500) (Fundamental Long Term Target 3500) 1.Total (Mkt. Cap) : 195 cr 2. Debt : 0.22 cr 3. Stock PE : 8.50