The daily time frame indicates a breakout with confirmation through a pullback. The ideal stop loss (SL) would be set at the swing low (397), and the first target is the pattern high (433), followed by the second target at Fibonacci level 1.6 (i.e., 486.40).
Price moving in parallel channel since long time. Expected to remain in the same channel. Therefore breakout seams eminent.
Reason for long a) Weekly breakout b) Trendline breakout c) Vwap support SL compulsory
Trading at all-time high additionally weekly candle comfortably closed above major trendline and daily candle retest and if price sustain above the minor trend excepting 20 % upside move
Sirca Paint Break out on daily chart with Higher Low
A rectangular consolidation gets a BO! Stock can be buy on dip for its move towards the moon!
02/08/2022 SIRCA CMP:548.85 PRZ: 650 SL: 507 Information is only for study purpose
cmp 576 trgt 5-10-15% and more Disclaimer: All information shared is just for educational purposes. By no means shall we be accountable for any debits/losses amounting out of it. We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
SIRCA NSE Sirca Paint is bullish if 456 holds. Near LifeTime high. Fresh Breakout. *** Educational purpose only. NSE:SIRCA
Add SIRCA near 350/321 we seen 383/433/488/534+ view invalid below 270 wcb Note: all views are education purpose only
SIRCA PAINTS near a strong resistance waiting for a strong close today .
215 level breakout happened today (05-06-2020) and daily close happened at 255 level. A clear and strong close above 255 in coming days will lead the price up to 300 levels.