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:
Verdict:
Bullish breakoutContinuous
Plan of action:
Buy: 92.65
Stoploss: 86
Target: 107
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
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