SCI near its crucial resistance - A GOOD BET
SCI, near its crucial resistance. Breakout above 162, will take the price upto Rs 190.
SCI: CMP: 158.65
Resistance : 160-163
Option 1: Aggressive Bet- Buy on confirm volume and price breakout above 162,if stock closes above it. SL: 160; time duration 4-5Week; Target 170-178-190
Option 2: Wait for a DIP, Buy as close to 145, for target of 158-163-170-178-190
SL:140
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
SCI: CMP: 158.65
Resistance : 160-163
Option 1: Aggressive Bet- Buy on confirm volume and price breakout above 162,if stock closes above it. SL: 160; time duration 4-5Week; Target 170-178-190
Option 2: Wait for a DIP, Buy as close to 145, for target of 158-163-170-178-190
SL:140
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
Trade closed: target reached
ALL TARGET REACHED AND SCRIPT PASSED WELL ABOVE THE TARGET. HAPPY INVESTING.