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sachinlefty
Jan 7, 2024 3:40 PM

SAKTHI SUGAR Best Risk/Reward Idea Long

SAKTHI SUGARNSE

Description

As per my analysis, NSE:SAKHTISUG is now indicating high upside movement. Continue sustained above level of 20. Best buy level as per me is 24 which is 60% retracement of weekly time frame swing low to high. Stop loss could be 19 only (-05 points risk only). Expected upside target would be 48 (+24) & 65 (+41). This could be low risk and high reward idea.

Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis/research to take any trade. Thanks.
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