Supriya Life sience, Strong Demand
Stock was listed recently. Made a high of Rs 411 on the same day.
Yesterday that high was taken out with volumes and Sharp rise.
Now stock has formed another box.
First box was formed by first 15 min candle of the day, stock consolidated in the range and gave breakout.
Overall stock looks bullish with the limited data available. Stock can pick up good trend & form Higher High Higher Low structure.
Keep stop Loss at Rs 434 4% risk.
If stock gaps up today, review and enter keeping risk at 7-8% only.
Yesterday that high was taken out with volumes and Sharp rise.
Now stock has formed another box.
First box was formed by first 15 min candle of the day, stock consolidated in the range and gave breakout.
Overall stock looks bullish with the limited data available. Stock can pick up good trend & form Higher High Higher Low structure.
Keep stop Loss at Rs 434 4% risk.
If stock gaps up today, review and enter keeping risk at 7-8% only.
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