Technical analysis : it is showing gpt infraproject like graph symmetrical triangle breakout if it remains above 47.50 it will give breakout in upcoming days but if it breaches the treandline it will just take time to go up,
RSI is in oversold zone.
FUNDAMENTAL: 1/ increased revenue in jun 21 quarter
2) increased operating profit in jun21 Q
3)profit before...
Breakout in most awaited and a Genius favourite stock 'SPIC'.... The unit started its full operation only by the last march...... Its good time to invest and wait atleast 6 months
Look at the move on daily , with the way it is going , should show 150 real soon. Volumes are encouraging and fantastic price action. This needs to be your folio.
Simple price action, no jazz.
Southern Petrochemicals Industries Corporation Limited : Trading technical call for Medium Term
NSE »SPIC & BSE »590030
CMP: 48.7, Closing based SL 42.9, Targets 54 55.5 57
Technicals:
* All time high and Close breakout
* Weekly pole and Flag Pattern Breakout
* Volume Breakout
* Swing high breakout
Discliamer: All levels are for Educational Purpose Only.
