The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Also, the final target is more than 50% from here and thus price may take few months to reach the final target. Trade setup is explained in image itself. Also check out the...
Sequent Scientific breaking out from rectangle. All time High.
Fundamentally very strong company, keep it long
Coming out of a VCP or a cup and handle pattern. Awaiting a breakout. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it...
strong resistance at 139 HNS pattern also formed. but after the breakout of head
Stock was in consolidation from few days. now we can see more upside in coming days.
sequent scientific support 100, 96, resistance 115, 117-119. **i am not sebi registered analyst. **
A Strong Up side potential observed Target will be 97-99 More than 10% in around 1 week SL at 85.5 There are nothing beyond candles
Good volume on uptrend on weekly basis. Previous Down since and consolidation on weekly & monthly basis. Prior to Feb also breakout from consolidation. Almost near to Feb high. Keep SL 81