Fresh view on SARLA POLY (Monthly Chart)
1. Stock has given Inverse Head & Shoulder (IH&S) Breakout after 8.5 year in the month of May 2024 at level of 80 with huge volume. Thereafter stock has retest the breakout and reverse from there and made new High. Clear breakout on seen on Monthly Chart.
2. Stock is positive on RS and H/M parameter.
3. Keep Stoploss of 82 and ride to pattern target of 153.
4. We have discussed here in Monthly Chart so Time frame is 6 months to 12 months
Caution: Market is on ATH so Risk is higher. Maintain Stopp loss properly if traded or invested in the discussed stock. All the discussion is only educational purposes. Before investing make only analysis or concerned your SEBI registered adviser.
2. Stock is positive on RS and H/M parameter.
3. Keep Stoploss of 82 and ride to pattern target of 153.
4. We have discussed here in Monthly Chart so Time frame is 6 months to 12 months
Caution: Market is on ATH so Risk is higher. Maintain Stopp loss properly if traded or invested in the discussed stock. All the discussion is only educational purposes. Before investing make only analysis or concerned your SEBI registered adviser.
Penafian
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