SUNDRMFAST 1d time frame
buy@ 1237 target @ 1270, 1299 ,1316
ascending channel support
risk reward 2.4
its just a view trade @ your own risk
sl@ 1204.50
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
-The stock broke out of a VCP on 5th Jan. It has pulled back and moved in a narrow range for the last 3 days.
-My initial buy was at 982 with 948 as SL.
- Looking to pyramid above 1010 with an SL of 980.
-If one is a medium-term holder, then they can look to trail with 21 EMA as SL.
Sundram Fastners - Controlled by South India's flagship TVS group - given weekly bo - FII's and DII's holding increased - looks good chartwise, stop loss would be 950.00 around on weekly closing basis , do note.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 1:1
SL is placed below multiple support zones, 200 EMA & the lower trendline. The target is placed near all time high.
Note : Ignore The Large Green Candle, which is a bug.
