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NS_NitinSharma

Sona BLW Break-out Initiated

Long
SONA BLW PRECISION FRGS L (NSE:SONACOMS)  
NS_NitinSharma Updated   
NSE:SONACOMS   SONA BLW PRECISION FRGS L
Chart Patterns Trend Analysis
15
0
chartpattern trendanalysis
Yearly Trendline Breakout initiated. RSI strengthening, Buy at CMP for T1: 520, T2: 580 and T3: 650.
SL: Closing below 425
Trade active:
Stock still facing resistance at 50 dema. RSI needs to strengthen more.
Falling trendline should now work as support and might also play in retest.
Closing above 50 dema will initiate the upmove.
Trade closed manually:
Mass Sell-off, shall revisit after cool off.
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