18 Month consolaidation about to brakeout . emergance of ultra high vol . Gapup. holding on ultra high vol rejection sign of presence of strong demad as the suppy dryup will explode .. keep watching NR or high vol gapup for entry
making new high on daily chart since May 21, if sustain above 240, will see good move, RR 1:1
Stock Name - Sreeleathers Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 247 #This is not Buy and Sell recommendation to any one. This is for education...
Breakout with huge volume expect good moment upcoming days
NSE:SREEL buy above 187-190 SL Closing below 167 T 195,205,218, 235
SUPPORT AT 189- 178, UPWARD MOVEMENT ONLY ABOVE 208.
Good to add near cmp to till 179 SL below weekly supertrend 138 Target 2x
Sreeleathers Ltd buy only if it get 190-205 range strict sl 170 otherwise plz avoid🙏 Seems positive in a way🍂
Stock is forming Round Bottom and it has already given a breakout , good amounts of volumes are also picked up . #learning #foreducationpurposesonly #stock
Due to Durga Puja and Sree Leather's strong majority sales in Kolkata I am betting the buy. Corona itself is fearing the crowd in the stores haha.
WAIT FOR BREAKOUT. HIGH VOLATILITY AS IT IS A SMALLCAP. HIGH POTENTIAL AS IT SELLS FOOTWEAR IN NON MAJOR CITIES, AND IT GROWS ON BACK OF HUGE VOLUMES AND A GOOD MARGINS. GOOD COMPETITOR TO RELAXO IN BUDGET SEGMENT.
Happy that they are killing their kolkata's ultra expensive asset and turning that to dealership expansion. Buy
worth following it can go upto 280/300 levels pretty soon!