Long in SONATA SOFTWARE
This scrip is being in an uptrend for a very long time, now it had bounced back from a inflection point i.e., there were three supports
1. Trendline
2. 21EMA
3. Monthly Central Fibonacci Pivot
So i think this as a perfect opportunity to long. Swing Traders may consider to long this scrip with SL the trendline or below the S1 and with a target of R2. I kept RRR of 2
1. Trendline
2. 21EMA
3. Monthly Central Fibonacci Pivot
So i think this as a perfect opportunity to long. Swing Traders may consider to long this scrip with SL the trendline or below the S1 and with a target of R2. I kept RRR of 2
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