In the Weekly Chart of SIS ,
we can see that; it has given a Trendline breakout.
Also it has retested.
We can see an up move from here.
Expected momentum is shown in chart.
SIS is a stock which is looking very beautiful for a range breakout with a falling wedge pattern.
If the stock closes above 500 tomorrow, we will have a breakout and retest completed.
Stock might outperform markets and is a very safe bet.
Levels mentioned in chart. I am expecting bigger targets than ATH.
Stock is available at an amazing valuation.
SIS has been on down ward channel since long and currently showing some signs of breaking that long term resistance levels where it is tested multiple times. It's the down trend line which is trying to break.
Need to get some good volume for it to breakout and if it sustains can give good up move on the charts .
From current levels we can it can go to the levels...
Sis Ltd, has shown a breakout in its 5-year trend. Currently, it is trading between 465 to 490. If you decide to buy, it is recommended to set a stop loss below 450. Additionally, the company has considered and approved a proposal for buying back its shares. The buyback will be done at a price of 550 rupees per share and the approved amount for the buyback is up...
📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF SIS :-
•Breakout of Parlell chanel pattern on WTF with strong candle
•Break counter trend line
•Volume increases last few weeks high
•Bullish trend/ make...
In the Weekly Chart of SIS ,
we can see that; it has respected the trendline multiple times.
Also, inside candle is formed.
Enter on breaking of inside Candle's high with low as SL.
possible momentums are shown in chart.
SIS
The Head and Shoulders Bottom pattern emerges after three consecutive price declines, occurring after a significant downtrend. The pattern consists of three distinct parts: the lowest low in the middle (referred to as the head) and two higher lows on either side (referred to as the shoulders) that are approximately at the same level.
During the formation of...
After a good upmove the stock is being consolidating in a range, once stock give close above 388 target can be 420, and the stop loss for this trade can be placed at 369
SIS ltd above 380 good to long, this stock also trendline break and recently forming flag also breaking above 380
this analysis is educational purpose only
Go Long above 425.9 for Targets of 439.8, 453.7, 467.6, 481.5, and 495.4 with SL 412
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. In addition to this a bullish candlestick pattern...
We can initiate buy at 460 for an immediate target of 530 i.e. around 15%.
Stop loss can be put at 437 below the support area(5%).
Idea behind the trade : Stock is moving in a channel and currently the price is at lower range of the channel which is providing us a very good risk reward ratio.
Instead of booking profits at 530, we can also trail our stop loss...
Triangle formation is forming on SIS
Better we can wait and watch patiently about the upcoming Levels for investments purpose
Disclaimer: This idea is for educational purpose and kindly buy/sell as per your risk management.
