Stock Name - Sundaram Finance Holdings Ltd 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 100 #This is not Buy and Sell recommendation to any one. This is for...
SUNDARAM FINANCE HOLDING twenty months consolidation breakout. If it opens above 93 and sustains above 99, it will reach 130. Stop loss 67
NSE:SUNDARMFIN Levels are Mentioned in the chart... Good for Swing trading... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it...
Keep adding quantity on 50DMA Support. Good support on 100DMA.
Detailed explanation is given on chart. in short, stock is following HH-HL, ascending triangle and rounding bottom pattern.
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SUNDARMHLD has given breakout with good volume . It is good to long the position .
Analysis on chart. Comments your view for improvement.
This scrip is expected to move again as it has formed Triangle pattern and expected to move further. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
Sundaram Finance has been consolidating for a long time and also following the support, so can expect a good movement upwards in the coming weeks. Target of 90-100
1. High volumes 2. Stock broke the resistance, pulled back, consolidated and now ready for upmove 3. Taken perfect support on 200 EMA and bounced The stock looks good above 81.8 level for targets of 88 and 97.
Candles can show a reversal upward trend within the price action roof. Bullish numbers will be in way if crosses the roof .
Buy at currentprice 76Rs.Nearby 1stTarget price is Rs.87 and 2nd target price is Rs.120 within 2months.Stoploss is 64RS.
The stock is making a rounding bottom and looks good positionally above 88.5 level