Watch out for Monthly Closing above 486. If that's done and sustained, we'll meet at 800! :-)
SIYARAM SILK Cmp 451 dated 22.10.2021 1. Rounding Pattern on chart BO @ 455. 2. H&S Pattern BO @ 455. Buy for a tgt of 530-570-650-725-790 Shorterm SL @ 390 Long tgt Stop loss @ 350 It is just a view, pls trade at your own view.
Breakout from the triangle pattern. Expecting a small retest before the up move which gives an opportunity to accumulate.
Reasons and Indicators to buy: -RSI above 60 -MACD Crossover - Higher volume than the past 5 trading sessions
due to festive season textile is gonna go up and increase in volume confirms it...double bottopm rntry tomoroow big buy order
Good to add near cmp to till 325 SL below weekly supertrend 232 Target 2x
Stock is forming a big round bottom. As the textile stocks are picking up the moment this stock has a long way to go. Peers like century textile have already run a lot. Stock has now made a pole and flag pattern which broke out last week and now stock can pick a good moment til 464. DISC: For educational purposes only.
SIYARAM SILK MILLS LTD *GOOD VOLUME ACTIVITY *STOCK HAS BROKEN ITS CUP AND HANDLE RESISTANCE WITH HIGH VOLUME *STRONG SUPPORT AT 215 Accumulate on the dip SL 200 TP 290 - 430
The stock looks good for short-term investment and expected to get 10-20% from 270 zones. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
⭐A breakout on Month can be seen clearly if it sustains on these levels for Monday too :) ⭐Dynamic supports from 50 dema is been taken multiple times (once broken with a power candle = gap up next day above it ) ⭐My calculated speculation is: a **close** above today's red candle with volume more than normal on 15min = a breakout from the pattern :), the risk...