Somany Ceramics Limited is a manufacturer and marketer of tiles and offers a range of sanitary ware and bath fittings. The Company is engaged in manufacturing ceramic/vitrified wall and floor tiles.
ONLY upside left for this .
Any comments and suggestions will be appreciated.
Hi all, Expecting SOMANYCERA will breakout to upside or if price continues drop look for reversal entry at Weekly Trend line
Take-Profit Level 475 ; 534
***Use Proper Risk and Money management Rule if you don't had a one please LEARN IT !!!! and meanwhile watch the play Please don't trade
"Market has Full Opportunities "
If you have any Question feel free...
Monthly chart : pink lines
important support and resistance levels
has corrected majorly since jan 2018 from 970 near levels
Weekly : blue lines
hammer formation on weekly chart
tested monthly support line and closed above it
buy above 365 levels
Daily char t : red...
Descending Triangle: Target: 327; confirmed with breakdown. SL: 440. (basis 4hr charts)
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.