Sangam (India) Limited
Long
Aggiornato

SANGAM IND - Looks good for a move of 10% swing.

200
The stock has moved out of weekly consolidation with good volumes and RSI supportive in lower time frames for an entry.

The stock is trading strong above its All time high.

The stock has given a yearly breakout in 2023 after 8 years.

Momentum - Intact, Price Action - supportive, Sector - Textile.
Nota
15% ROI , 490 To 560 in 3 trading days. Swing trade targets hit, further trailing needed. The stock can be trailed for a target of 700 in the mid term.
Nota
25% ROI in 4 trading sessions, this is again a multi year breakout, 2016 and 2021 high have been taken out decisively with strong volumes. Analyzed and shared right before breakout.

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