Possible good breakout can be seen in counter in coming months. It can be either C & H or a rounding bottom breakout.
Silgo Weekly was in falling trend now looking for breakout. one can take a small risk with SL 17.5
Breakout of parallel channel in silgo retail 1st target rs44 2nd target rs 55 3rd target rs65
the best stock for investment looking good every aspect from at this level .....target minimum 65
NSE:SILGO Time Frame – Weekly Technical Observations – 1) Falling wedge pattern and channel pattern (Yellow area) form 2) Regular bullish RSI divergence seen 3) Now scenario 1 – Price may break the resistance trendline of both the pattern or 4) scenario 2 - Price may break the resistance trendline of wedge pattern and touch the channel trendline resistance...
Silgo Retail has been on quite a downfall since it's IPO, barely crossing 67 on the Upside and 35 on the Downside. With a sporadic 20% Upper Circuit on 22nd of June, the Price Action is creeping closer to the Apex. Expecting a good rally with Targets being at 45, 56, 60, 67 with Stop Loss at 38. Note - This analysis is purely for Educational Purposes only, this...