SUNDRMFAST 1d time frame buy@ 1237 target @ 1270, 1299 ,1316 SUNDRMFAST 1d time frame
buy@ 1237 target @ 1270, 1299 ,1316
ascending channel support
risk reward 2.4
its just a view trade @ your own risk
sl@ 1204.50
SUNDRMFAST trade ideas
SUNDARAM FASTNERS SWING TRADEswing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Sundram Fasteners-The stock broke out of a VCP on 5th Jan. It has pulled back and moved in a narrow range for the last 3 days.
-My initial buy was at 982 with 948 as SL.
- Looking to pyramid above 1010 with an SL of 980.
-If one is a medium-term holder, then they can look to trail with 21 EMA as SL.
Sundram Fastners - 14 months consolidation -weekly breakout seenSundram Fastners - Controlled by South India's flagship TVS group - given weekly bo - FII's and DII's holding increased - looks good chartwise, stop loss would be 950.00 around on weekly closing basis , do note.
Sundaram fasteners: breakout candidateSundaram fasteners is a potential candidate for a strong breakout. Keep it on your radar!!
SUNDARAM FASTERNERS BREAKOUT=Volume Spike During Breakout
=HEAD AND SHOULDER BREAKOUT
=RSI TRENDLINE BREAKOUT
Sundaram fasteners: soon to breakoutSundaram fastener is a potential candidate for a strong breakout. Keep it on your radar!
Sundram Fasteners ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
Buy Sundram Fast Above 923 stop loss 850 target 1017 sundram is in range and ready for a blast . so with strict stop loss of 850 closing basis . always and always follows risk to reward .
Sell below 875 SL 882 TGT 869 and 861Based on my trendline analysis. Please do your analysis before taking any trade.
Sundram Fasteners Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby.
Risk Reward Ratio - 1:1
SL is placed below multiple support zones, 200 EMA & the lower trendline. The target is placed near all time high.
Note : Ignore The Large Green Candle, which is a bug.
Sundaram fastners BuyStock is taking support at dynamic 50 ema line and RSI taking above 40.
It's good point to buy.
**above analysis is for learning purpose only.
