Hi Guys, STRTECH Buy side is more likely to happen tomorrow if it corrective drop let the market to dance breaking trend line invalidate idea.
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
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216 is stop loss on closing basis!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Making pattern to breakout the consolidation channel between 300 to 276.
Possible buy @ current level 292 with stoploss at 276 with targets 301, 307, 317 & 326
Charts suggests possiblly building strong trend with breakout in 4 weeks
It is in the process of double bottom formation. Closing above 302.80 is important for completion of the double bottom. then there is a small resistance at around 305.5. if that is crossed on closing basis, then it might reach 345-350 in very short term.