This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
Showing good momentum in April (with volume). Look for a breakout pattern on 1hr chart above 480 levels.
Looks as volume reduce to extreme and looks ready for range expansion. Keep eye and buy above 365
we might see it go back to 200 zone, lets see
As per chart valuation, Saksoft have in high momentum, todays time of IT sector, this stock breakout with high voume first target 240 then 270+ in near term
BUY SAKSOFT At 233-239 SL 225 Target 254 260 280
As can be seen the price has been moving in a range for 2- 3 years, and now coming out and moving forward for Wave 3. Be careful as low volume stock and can give violent moves that can get anyone trapped. Best strategy is to add once price moves out of trading range.