Sequent Bull Move Continuous Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.
Reasons :
Taking support at 200 EMA and VWAP.
moving in Higher HIGH Higher LOW.
Important level are marked in the chart.
RSI breaking 50 to upside shows Bullishness.
Re-Breakout after 3 month of consolidaiton.
Verdict :
Bullish breakoutContinuous
Plan of action:
Buy: 92.65
Stoploss: 86
Target: 107