SPIC has been consolidating in a channel pattern for last 2years in weekly chart. In daily chart formed a symmetrical triangular pattern and trying for a breakout following in a uptrend. Potentially can reach upto the top of the channel 107rs. Maintain strict Stoploss 82rs which is below the triangle Pattern.
After consolidated for 5weeks near resistance gave Breakout today and price made strong closing. Potentially head higher for short to medium term..!
Sail has been consolidating for a while. Taken support near 140 and waiting for triangle breakout. Can reach all time high if markets support..! maintain risk reward and follow strict stoploss..!
Price at the Bottom of the channel. Potentially Can reach upto resistance..! Maintain risk reward..!!