Jrkautilya9

Satia industries Break out

Long
NSE:SATIA   SATIA INDUSTRIES LTD
Satia at 137 looking real solid on charts on weekly as well as monthly that is great thing to see.

for long term bet it is becoming terrific

making ascending triangle, break out shall be seen above 145-50 levels.

on weekly it has got support of 200 WMA, which we can take as StopLoss.

as promoters are buying continuously the volumes are spiking.

can take help of fibo or pivot for the next possible targets.

Disclaimer - idea is for knowledge pupose not a recommendation. take advisors help before investing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.