trade_opportunities

SIYSIL : Round Bottom formation

Long
NSE:SIYSIL   SIYARAM SILK
Stock is forming a big round bottom.

As the textile stocks are picking up the moment this stock has a long way to go.

Peers like century textile have already run a lot.

Stock has now made a pole and flag pattern which broke out last week and now stock can pick a good moment til 464.

DISC: For educational purposes only.
Trade closed: target reached:
Stock has made a double top at 456 levels which is very near to target. Hence closing this trade.

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