Sunteck Realty - Weekly Timeframe. It is forming a Cup and Handle formation. CMP - Rs 306.55 SL - Rs 276 (If traded at CMP) R:R - 2.7 Disclaimer - I'm not SEBI registered. Do your own analysis before investing. The above idea is for educational purpose only,
200 EMA support. Rsi bullish. Rising volumes.
BREAKOUT RETESTED . READY FOR 315-320
Weekly Chart Rounding Bottom Pattern Complete with weekly closing above Neckline of 349. Now moving up in Rising Channel Pattern. Consistent Large Volumes show accumulation. Tgt - 375 - 400 - 433 - 468 - 523 - 543 Stop Loss - 315
Sunteck may try to make another swing high. Stocks in uptrend
keep an eye on it
#sunteck filtered stock on basis of volume, S/R & pullback. Potential target : 218
Sunteck realty - Bearish bias - Short at current levels.
Sunteck Realty - Seems to have completed wave 3. Now correcting in wave 4. Can't say how much it will correct. May go down to 340. Depending on how the ABC waves develop, it can be more too.
Disclaimer.. not invested not an investing /trading recommendation
Round Bottom Potential One can safely add Sunteck in SIP , i am Dam sure that you will make good money in future.