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NS_NitinSharma
Dec 1, 2022 9:56 AM

Sona BLW Break-out Initiated Long

SONA BLW PRECISION FRGS LNSE

Description

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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