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Sequent Bull Move Continuous

Long
SEQUENT SCIENTIFIC (NSE:SEQUENT)  
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NSE:SEQUENT   SEQUENT SCIENTIFIC
Trend Analysis Technical Indicators Chart Patterns sequential sequentanalysis sequentbreakout breakout breakouttrading
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trendanalysis indicator chartpattern sequential sequentanalysis sequentbreakout breakout breakouttrading
Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.

Reasons:
  1. Taking support at 200 EMA and VWAP.
  2. moving in Higher HIGH Higher LOW.
  3. Important level are marked in the chart.
  4. RSI breaking 50 to upside shows Bullishness.
  5. Re-Breakout after 3 month of consolidaiton.

Verdict:
Bullish breakoutContinuous

Plan of action:
Buy: 92.65
Stoploss: 86
Target: 107

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