taken support from main trendline and breaking falling wedge pattern RSI above 50 showing future strength
SBCL can possibly give an approximately 15% up-move if crossed 618 with a strong candle supported by good volumes as retest of the rectangular base breakout is done and now is the opportunity for safe entry. Though first entry was at 562- 565 zone at consolidation breakout. Volumes, momentum are good an RS is improving. ** Might face some Resistance @ 626-631...
Stock is showing double bottom pattern. Expected target 720 if it honours the pattern.
Buy SBCL 560 -570 sl 539 Can test 608 It is a fundamentally good company with good prospects
sbcl buying level 478 sbcl selling level 742 purpose swing/positional
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Shivalik Bimetal Controls Ltd, is a company specialized in the joining of material through various methods such as Diffusion Bonding / Cladding, Electron Beam Welding, Solder Reflow and Resistance Welding. Our present program includes Thermostatic Bimetal, Clad Metal, Spring Rolled stainless Steels, Electron Beam Welded Material with multi- Gauge and Multi-...
Stock is in Ascending upward channel pattern. One can plan their trade as per their risk appetite. This post is only for education purposes. Please note - Am not SEBI registered. This is not a call or trading recommendation. Please do your own analyses for any positions.