Channel breakout in Sterling & Wilson Ltd?
Channel breakout in Sterling & Wilson Ltd.
Earlier stock was trading in a sideways channel, now it has given a breakout with good volume.
Price level of 310-315 should act as immediate support, in case stock is coming back for retest. For any further strong upside movement, price has to close above 326.
All possible targets are marked on the chart. Maintain strict stop loss @ 300
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
SWSOLAR
Earlier stock was trading in a sideways channel, now it has given a breakout with good volume.
Price level of 310-315 should act as immediate support, in case stock is coming back for retest. For any further strong upside movement, price has to close above 326.
All possible targets are marked on the chart. Maintain strict stop loss @ 300
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
SWSOLAR
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