Expecting ROI - 30% As mentioned in multi time frame analysis charts, 1) Monthly 6 year old VCP Breakout, Retest done , consolidated for 2 months, now ready to move out of the consolidation zone. 2) Compressing at major supply region with minimal sellers strength 3) Expecting BO soon, SL at prev week low.
SOTL trading abv dynamic volume zone with gud volume bar there are negative macd divergence on daily and weekly time frame can look for swing trade once close abv recent swing high there is rising wedge expanding chart pattern in SOTL can look for swing trade with your prefered RR.
Technicals Broken out of range formed from 2017-18 to till date Fundamentals LOW PB & LOW PE & LOW D/E Please highlight if any mistake or miss out so that i can enlighten myself in the process of learning
Good for long as per your risk reward ratio. It's only my view not a recommendation.
*Savita Oil Technologies Ltd* Rising C&H Formation on Decadal Basis. Heavy Vol Consolidation & Continued BuiltUp RSI: 1H >D=W >M Lower ATH Priceline BreakOut. Need to Sustain. Resistance @366 to be Watched. *Trail SL with Upside* *Book Profit as per Risk Appetite* Growing Sales / Profitability: Yrly / Qtrly Basis. Zero Debt. Growing TNW. Healthy Liquidity...
Volume breakout RSI Above 60 Wait for RETEST Buy 305 SL 289 Target- 346/383
Stock is near to BO zone, and trading with maintaining its supportive trendline, follow chart if some one want to take entry, and if someone holding then keep watch for BO.
Double Bottom Pattern Breakout in SAVITA OIL TECH Book profits within the first 30 minutes of the market opening - Try to exit by taking 5-6% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4...
Above 1200, may give a good run...! An idea to long and hold with small SL....!
Good evening friends we are sharing our view on the above mentioned stock and for details please watch the video. Regards.
Chart is bullish, can give good return in medium to long term. Target: 1500+ Time Frame: 12 months Stop Loss: 950