Entry = 180.15 StopLoss = 174.40 Target 1 = 194.15 Target 2 = 202.85
Please find the SETUP on the chart..........................
Double bottom. Formation in sequent scientific after long rally of lower lows and lower highs Suggestive of reversal of trend
Double buttom in sequence of LL Nd LH Formation of double bottom indicative of trend reversal
After long falling ,it can took support from trend line.previous earning was also good ,can take for long.
Sequent near its demand zone, can accumulate in the range 145-160, with SL of 135 on a weekly closing basis
Double bottom with RSI divergence, expect 13% upside in short term Reasons: 1. double bottom 2. RSI divergence 3. Health pharma sector showing reversal signs Note: for learning purposes
it gives trend line breakout Volumes also looks good And in higher time frame stock is in uptrend and it retrace till 50% according to fibonnaci and nw its continuing the trend
CMP of SEQUENT is near the 100 day EMA and also high chance of it taking support from 0.5 level of the fibonacci. Will go long on this one if everything else looks okay
Sequent bullish bat Can buy at cmp Good for swing trade
Sequent making bearish butterfly Hold till 350 levels Sell 50 percent quantity at 320 levels Remaining at 350 levels
Sequent scientific after a good rally. Consolidated and formed a triangle pattern that is getting ready to breakout. Markets are volatile and any side breakouts are possible but still, chances are sequent scientific will be bullish. Once a given both Intraday and Positional player can take an entry For bullish breakout Target 1 : 284 with SL placed 1 point...
Can be use as a 280 stop loss for the target of 335
the stock has broken out of a triangle/wedge pattern with good volumes. targets - 300, 311 are possible.
Descending triangle breakout + Momentum surge
LOOK AT RSI(14) WE CAN SEE A BOUNCE FROM 40 ODD ZONE ALSO, SYMMETRIC TRIANGLE FORMATION CAN BE SEEN INDICATING A RANGE CONTRACTION. BREAKOUT FROM THE RANGE CAN SEE A GOOD RALLY TILL 330 LEVELS VIEW INVALID BELOW 250(DCB) DISCLAIMER: EDUCATIONAL VIEW
sequent is forming triangle pattern.once it gives breakout go on buy side for target of 10%.