Suryoday Small Finance Bank (IPO Based Strategy)

Updated
IPO based strategy
also Darvas Box Stratgy Break out given
RSI above 60 Daily and weekly Monthly 57 (can consider as above 60)
EMA in line (200 EMA not yet formed)
support darvax box low 151
expected level IPO price 296
if sustain above IPO level then more upside
Trade active
recovering very fast
Trade active
need to sustain 195 level

then sky is the limit
Trade active
once crossed 204 then our IPO level expected very soon
Trade active
support 204
major support 194
Trade active
making Flag pattern breakout
196 as 21 EMA once breakout previous candle then upside confirm

Top Companies on my radar which I will always look to add during corrections

Growing > 30-100 %🔥

Available at Decent valuations, PEG < 1-1.5 💹

- Venus Pipes
- Hariom Pipes
- Nuvama Wealth
- CDSL
- AngelOne
- Motilal Oswal
- India Shelter Finance
- Kalyan Jewellers
- Senco Gold
- Ugro Capital
- Suraj Estates
- TARC
- Satin Creditcare
- Ajmera Realty
- Suryoday SFB
Trade active
result are good

if sustain 218 then expected level 296
Chart PatternsTrend Analysis

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