Sintex is moving towards the long term resistance around the level 99 - 102. Below the resistance line price action moved inside the channel. It has broken the channel and retested it. After taking support for 4 weeks at the upper band of the channel, price has started to move upside which shows the price will break the resistance. Can buy Sintex above 97 with the stoploss of 93. Targets are 100, 103 and 105. Risky Trade!
Trade active
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@ 97
Trade closed: target reached
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This trade gave chance to enter, never hit stoploss and reached all targets on 3/28/17
Comments
shiv2798
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it will reach 91 then rebound , as per my view
Regards
Regards