SONA COMS - Pattern completion The mountain hill pattern seems to be completed today and the stock has bounced 6% today. The stop loss here is minimal. Just 600 & upside is huge. Seems good to make positions here.
Sonacoms as entered into buying opportunity zone which is 590+ to 640 below. accumulate on every dip.
NSE:SONACOMS Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
Hi , currently stock is in ABC correction which can be correct till FIB extension ratio 1% ie is Rs 637 ,if extended it can go upto Rs 588/- which is strong support, Here we need to wait for bullish price action to go long ..which can be new impulse .. I am not SEBI registered Analyst, do consult your advisor before taking any position .
I belive soncoms breaks trend from 4 hours chart, since company is strong fundamentals, below 658 is very good opportunity to buy.
NSE:SONACOMS Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
SONA BLW Gave a breakdown in channel formation and looking to get lower levels of almost 570-590 levels. Don't be Long Over this Counter.
Stock has given a breakout in weak falling markets. Company is improving fundamentals too. Positional setup possible.
triangle ascending volume increasing andrews pitchfork all suggest upcoming price move
This stock is following a channel as you can see on chart. Up Short term targets: 817, 850, 880. Down Short term target: 756 Time Frame: December 2021
Looking at the structure and area of value looks good for upmove/breakout, keep a strict stop loss based on your risk mgt.
SonaComs is making parallel tunnel inside the long term tunnel. Ready for breakout on intersection.
Sona Comstar was at channels bottoms at 600 and now 100 points up. You can definitely check out.
(Daily) - Descending Triangle Breakout - Above 89 MA - Positive Relative Strength - SL : 609 - Target 1 : 809 - Targer 2 : 1010
NSE:SONACOMS note: this is not an idea for short term trading, but for long term investors. The scrip seems to respect the yellow trendline since its IPO. so one can use the yellow line to accumulate the shares whenever the scrip takes support on the line for longterm.
Sonacoms is nearing the support line and will be bouncing back.
Best time to get this stock...up side potential is very high
Going long with support line as Closing basis stop loss. This month stop-loss going to be wider because market is trending and supports levels are far. Please keep in mind on position size before initiating the trade.