ALL TIME HIGH !!

The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN.

Reasons are stated below :
  • Daily candle closed above all the high.
  • Price broke out after a consolidation phase of 4months.
  • Formed a marabozu candle on weekly timeframe.
  • Price is above 50 and 200EMA.
  • Higher-Highs are being made i.e stock is in uptrend.


Target - 152 // 180 (these are derived from Fibonacci extension tool)
StopLoss - weekly close below 119
Trade closed: target reached
First target achieved - 15.4% up from buying price.
alltimehighbreakoutBSEbuyzoneChart PatternsindianstocksTechnical IndicatorspriceactionSAINTGOBAINswingtradingTechnical AnalysisTrend Analysis

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