inverted Head and shoulder breakout seems rally may continue
NSE:SRIPIPES buy above 240 SL 215 T 260 287 310
Good fundamentals Breakout in higher time frame Inverse H&S Pattern
This scrip nearly 5 times it tried to break the resistance I hope this time it will and give breakout. So traders keep on your radar to catch the momentum.
Watch SRIPIPES today. Simple breakout from descending trend line. Looking good for upside targets of 250+. Please note I’m not a registered analyst. Please analyse your self before investing.
for immediate term trading daily time frame trend line is giving support and in long term we vcp pattern in making it takes few weeks to complete vcp
After making low in Oct 2020, Stock has recovered with making higher high. Stock is moving in a wedge and is ready to give a wedge breakout. It has also given rounding bottom breakout on a daily chart. We can expect rounding bottom target of 235 in the near term. Also, the stock has the potential to break wedge and can give further target up to 300 in the mid-term...
Looking strong for a possible breakout in the next 2-3 days. Can give 20% in a week if the market trends.
#SRIPIPES has confirmed #BreakOut. Now it has potential t mov till 175-200 with SL@115
Can go long with the SL 178. With the target of 200/200 ( 10% return)
NSE:SRIPIPES Might run quickly to 220 before a pause and again run up.
Detailed including Levels, Plotted & Mentioned on chart. Best Entry Level @ 307 to @304. Trade as per Specified level with description. Disclaimer: Information given here, Study/Education purpose only. For taking trade decision Consult with your Financial Advisor. If Useful Like & Share Snapshot of WEEKLY Chart