Close connection with 50MAYou'll be surprised to see if you go in back date till now , the stock trades close to its 50 MA... So buy when it touches the 50 MA line, short term holders can trail their stop losses in line with the 50MA ~for educational purpose only~Longby N50-ANALYST221
SONATASOFT - ATH, IT doing wellSonata Software hit an All time high with above average volumes. In turbulent times its the defensive sectors such as IT, Pharma, Consumption perform better, Look at the CNXIT chart, The structure turned to HH, HL now. i am more interested in IT space now. Disclaimer : Holding Positions. Good luck, Longby APSTAGE2Updated 0
Bullish Pennant PatternThe stock is making a bullish pennant pattern and looks good for both swing and intraday trades above 491.5 level (there is slight resistance around 500-501 level)Longby tanya151181119
sonata software resistance breakout is donesonata soft --1 hr time frame resistance breakout given at 500, good to add? at 500 , stop loss 490! target is open A long time resistance of 500 has been broken and stock has tested 500 levels too many times today! Trade with caution, For educational purpose, Always check RSI and MACD and Volume before entry NSE:SONATSOFTW Longby wearetraders20201
Watchout for Resistance breakoutThe stock looks good above 500.4 level for a target of 524Longby tanya151181223
Breakout with High volume* After a long consolidation finally breakout happened in Sonata Software with High volume.Longby PrasantaP223
SONATA SOFTWARE: Simple Inv Head & Shoulders BO! 🌟A very clear example of IHS. A good swing trade could be there.Longby Maverick_777Updated 114
Sonata Software chart analysisSonata Software chart analysis for intraday and swing tradingby TRADINGENGINEER1430
#SONATSOFTW #35%UPSIDE POTENTIAL #NSE #BSE #SWINGTRADING#SONATSOFTW Has potential of 35% upside .Longby AJTRADER010
BREAKOUT CONFIRMED ON WEEKLY CHARTS | LONG SETUPStock has indicated a clear breakout on weekly charts, even if it consolidated on these levels buying will still be intact, just chip in with the mentioned stop-loss for a comfortably profitable long position.Longby falakshayaan161
SONATASOFTWARE Pole FlagSONATASOFTWARE has formed pole flag pattern on daily, it is facing key resistance on daily scale and 430 has become all time high, if it breaks 400 level with volume it can reach upto 430 which is all time high. keep this stock on radar. on weekly closing basis, 400 has become highest price ever. Now this is struggling to cross 400, flag breakout gives potential upto 450 levels. by VijayBabuA0
Sonatasoft Price Action analysis.Sonatasoft has broken an all-time high with bearish Rsi Divergence, we can have profit booking in coming sessions. It can take support from 200 moving average if it goes down. levels are mentioned in the chart. This is just for educational purposes, do let me know your views in the comments. Thanks. Nomad Trader by Nomad-Traders0
SONATA SOFTWARE: 2yr+ trendline breakout! IT sector 🆙Trendlines and levels are marked. Closed above trendlines. Volumes were okyish but has a backup of IT sector which is booming and roaring.Longby Maverick_7772
Swing Call - Daily Chart // Wed 14th Oct 2020 // Sonata SoftwareDaily Swing Call for Wed 14th of October 2020 // NSE:SONATSOFTW // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade. // CMP / LTP: 357 IDEAL BUYING RANGE*: 340-365 TARGET: 430+ (20% Around) STOP LOSS: 320 (10 % Max) DURATION: In 15-20 Trading Sessions Target should be achieved Notes: - *IDEAL BUYING RANGE: This is the pricing range if the stock corrects / gaps up after my buy call. If u don't want an aggressive trade, you can wait for a "possible" (not guaranteed) correction. One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5% range). This way the Risk Reward can be improved and profit can be optimised. - Please follow the Stop Loss strictly (Tolerance of 1% +/- in SL). If you are manually monitoring SL follow them on daily closing basis. - Recommended Profit Booking / Exit is on +15% on CMP & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period, but if SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed. - All my reco trades are with Minimum Risk to Reward (RR) 1: 1.5 (Can go upto 2-3 range depending on the market conditions) Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade / invest at your own risks. Longby Amit_PadishalwarUpdated 332