A complete bearish cup formation on this pharma stock. The stock now stands on a very crucial point, the support level around (160-185). It may take a turn after the huge fall and consolidate around these levels for sometime. RSI is also below 40.
Entry above 141 or 150
Expected Major targets - 172 or 178 if sustain above this then 206 then 221 then hold.
Minor Targets - 159 and 199
Stop loss - closing below 135 and strictly 120
Please do your due diligence before trading or investment.
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**Disclaimer -
I am not a SEBI...
As per previouse chart history and technical analysis of this stock, it indicates to buy at 140.60 and hold for long run and wait for retest of previouse level between 126-110 and after reversal from this point, you can buy for a good profit.
Do your own research before entering into the market.
I am not SEBI registered person and this is just my own opinion...
Down trend ended by price action lower low formation ended. Break out with gud volume. 200 MA will be hurdle. Target will be huge.
Buy on some retracement
sl 90
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
Rounding bottom under progress on SEQUENT SCIENTIFICE monthly chart. Brake out level @ 128. if price sustain above 128, position can be initiated for target price of 230. stop loss is (-10 point)
Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.
Reasons :
Taking support at 200 EMA and VWAP.
moving in Higher HIGH Higher LOW.
Important level are marked in the chart.
RSI breaking 50 to upside shows Bullishness.
Re-Breakout after 3 month of...
Monthly is reversing from major support zone, previous low. Bottom fishing.
Weekly is into an uptrend, RSI is perfectly moving from over sold to strength zone of 70+
Daily broke out of consolidation zone, flag anf pole pattern.
One can look for trade as per the supply zones marked.
NSE: SEQUENT is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on...
Sequent has been a poor performer for long in the last few years
Looking at the pattern now, it looks as thioughl, the prblems, of the troughts are over and a conquest of the peaks is on the way.
