Rugminik

SANGAM IND - Looks good for a move of 10% swing.

Long
Rugminik Updated   
NSE:SANGAMIND   SANGAM INDIA
The stock has moved out of weekly consolidation with good volumes and RSI supportive in lower time frames for an entry.

The stock is trading strong above its All time high.

The stock has given a yearly breakout in 2023 after 8 years.

Momentum - Intact, Price Action - supportive, Sector - Textile.
Comment:
15% ROI , 490 To 560 in 3 trading days. Swing trade targets hit, further trailing needed. The stock can be trailed for a target of 700 in the mid term.
Comment:
25% ROI in 4 trading sessions, this is again a multi year breakout, 2016 and 2021 high have been taken out decisively with strong volumes. Analyzed and shared right before breakout.
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