NSE:SUNFLAG Levels already mentioned.. Intraday to positional.. 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 is for...
traction looks good now in this stock from metal space
All things are explained on the chart. Mid Term (6 Months to 1 Year Time Frame)
Sunflag Iron has given a breakout on the weekly chart from horizontal resistance on good volumes. Prospects look good. Keep a stop loss below 50 and target 69, 90. Disclaimer: I am not a SEBI registered advisor. This is only for educational purpose.
SUNFLAG | Cup & Handle breakout - Can see 35% CMP : 55 ( Any dip upto 51 is a buying opportunity) Target : 75
Look cup and handle pattern also in short time breakout in trangle pattern.
#Sunflag looks like accumulation going on.. big buy volumes at regular intervals. followed by low volume correction. would keep watch on it..
keep eye on 48.2 levels. if closed above that distinctively, then it might become blasting candidate! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR 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.
SUNFLAG LOOKS GOOD LONG AT 54 WIT STOP LOSS OF 51.5 FOR TARGET OF 59 TO 64 PERSONAL VIEW FOR EDUCATIONAL PURPOSE ONLY
go long
Everything explained on the chart...
A rising wedge is being formed on daily chart for NSE:SUNFLAG Need to see if the upper line of resistance is respected by the price, or it breaks this pattern
1. Stock is trading at All time high, breaks out multi year resistance. 2. Stocks with these kind of break out will generally double in few months. 3. Company had announced its Excellent Q1 numbers recently. 4. This stock is good long term bet. Note: Please do your own analysis before taking your position. Happy investing.!