Seshasayee Paper is :
-trading with good volumes on the bourses.
-presently trading at its 50 days Moving Average
-positive divergence on the oscillators
-in the accumulation phase at present
-standing right at the support level on higher time frames.
-reached a lifetime high of INR 421.75 on 12/Sep/2023 and a lifetime low of INR 2.41 on 17/Jul/2001.
-has a net...
The stock is in strong uptrend in all larger time frames. Poised for a daily breakout - part of Monthly reversal.
Monthly - Strong buying candle seen in September, which could not be defeated by sellers in Oct and Nov and Dec shows a hammer, which is a sign of reversal. All being inside candles.
One can enter at current market price and hold for target of 530...