SIGACHI reversing from Major support. R:R is wonderful here. study at your end and share your view
IPO based strategy Round bottom pattern RSI above 60 daily / weekly / Monthly moving averages in line 21/50/200
This is Sugachi Monthly Chart making large rounding botton with excellent monthly volume.Now stock is near resistance n in Supply Zone .Stock needed to breakout Rs 52 to regain Momentum
Double bottom break out in sigachi. Buy in this price range SL 326 or Break out candle low. as per your risk reward ratio. Break out supported by gud volume and 20 MA. Target will be huge in this trade. As stock is down by 40% From ATH. next 5 months will be in this trade.
Appearing strong after surpassing both the Gann levels and a significant long-term resistance point at 396.7. Additionally, the Gann fann angle 1/1has been successfully retested. The short-term target for scalping is 410, where another long-term resistance level is present, suggesting potential consolidation. However, there's a possibility of reaching 437 in...
Best buy above 401 on wclbs with Stoploss 345. Target minimum 568. RRR 1:3 forming rounding bottom pattern expected C&H pattern. only for Educational Purpose
Bullish on SIGACHI becouse stock trying to cross above lavel with double bottam
Coming out of the consolidation zone of 1 yr with good volumes. We can expect a targets of 450-500 in this small cap chemical sector stock. Fundamentals are also good generating increasing net profit annually.
Long term view. Sigachi is market leader in MMC Hold for long term , Avaliable at low price
After listing the stock has almost corrected 68.29% from its listing price and started consolidating in a tight range. The stock has already given breakout of its triangle pattern on weekly timeframe. The next immediate resistance for the stock is 330 Rs if the stock takes out this level then me might see a strong upside move in the stock in coming trading...
Technical breakout in sigachi industry with good volume(more than the average of 50 days) Buy above 280-282 Tgt 290+ SL 276
Sigachi is forming beautiful setup, keep an eye could give breakout, and it is near 200 EMA
Add near 280 278 zones on pullback...Target 340 380 in coming months.
High resistance will be broken and next reach long till 332.50 hold it. Rsi cross 70 good Macd is positive Volume are high shows high trading activity
Predictions Rsi crossed 1 day chart >50 bullish test higher than rsi ma Predicted fresh breakout of engulfing candle Strong breakout of resistance Target range 260 till 289 11% after that can trail SL NSE:SIGACHI
Siggachi broke falling wedge pattern with positive divergence in RSI now its seems in bullish mode for longer term
Please find the SETUP on the chart.............................................................................................