Som Distilleries & Breweries LTD- Multiple Indicators + Risky

Updated
๐Ÿ“Š Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED)
๐Ÿ“Š Nifty50 Stock: NO
๐Ÿ“Š Sectoral Index: NIFTY 500
๐Ÿ“Š Sector: Fast Moving Consumer Goods
๐Ÿ“Š Industry: Breweries & Distilleries

Key highlights: ๐Ÿ’กโšก

This stock pick is according to my study. I have use few indicator that is

BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ Crossover in MACD .
๐Ÿ“ˆ Already Crossover in Double Moving Averages.
๐Ÿ“ˆ Current RSI is around 68.
๐Ÿ“ˆ One can go for Swing Trade.

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 110
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 118
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 106

โš ๏ธ Risk Hai Toh Ishq Hai

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

โš ๏ธ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy Navaratri ๐Ÿ•‰๏ธ ๐Ÿ’ƒ๐Ÿป๐Ÿ•บ๐Ÿป

Happy learning with trading. Cheers!๐Ÿฅ‚
Trade closed: target reached
TODAY'S HIGH 130
Chart PatternsFMCGTechnical Indicatorsnifty500riskytradeSDBLTrend Analysis

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