NSE:SPLIL
spl industries forming triangle pattern in weekly timeframe.
if you can see weekly volume is almost a very low and after octomber volume is high three times.
if break 52 week high then also some move expected.
let's see what happend.
Note: Never invest your money using this analysis. because i am also not invest my money.
jan 7/1/2024
swing trade perfect symmetrical triangle long term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
SPL Industries (textile)
It took a while to embark on its journey and it looks very good to do so!
Pros:
Bouncing back from 1/1 and weekly 20 over 50 crossover in making
More weekly volumes
Hourly Golden Crossover in due
Please follow the blue horizontal levels for SL and targets
SPL Industries:
Fundamentally good and low PE textile stock looks good for the medium term
Please follow the levels marked in the chart for SL and targets
