SAREGAMA - 2.5 Years Downtrend Breakout
Saregama India Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (January, 2022). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be It's previous Life Time High (550.60 - 15% from the price 478.35). Also It may perform well in the long term (Stock is almost debt free with good fundamentals).
5) Recommendation - Strong Buy
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (January, 2022). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame.
3) The next resistance would be It's previous Life Time High (550.60 - 15% from the price 478.35). Also It may perform well in the long term (Stock is almost debt free with good fundamentals).
5) Recommendation - Strong Buy
Not
As mentioned previously, The given target of 550.60 - (15%) from the given price (478.35) is achieved.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.