🔄 Trend Reversal in Progress? | Sindhu Trade Links Ltd (BSE: SINDHUTRAD)
After months of being trapped in a falling channel, Sindhu Trade Links is now showing signs of bottoming out 👇
📉 Formed a strong double bottom near ₹13
📈 Broke above short-term resistance post reversal
🧭 Moving towards the upper trendline (~₹36 zone)
💹 Relative strength also improving against the broader market
A breakout from the falling channel could ignite a strong upside move.
🗓️ Chart timeframe: Daily
📍 Stock Price: ₹20.57 (as of May 20, 2025)
👀 Watchlist this one — it’s curling up nicely!
#SINDHUTRAD #ReversalPattern #DoubleBottom #FallingChannel #TechnicalAnalysis #StockMarketIndia #SwingTrading #ChartSetup #ManinderSinghAnalysis
After months of being trapped in a falling channel, Sindhu Trade Links is now showing signs of bottoming out 👇
📉 Formed a strong double bottom near ₹13
📈 Broke above short-term resistance post reversal
🧭 Moving towards the upper trendline (~₹36 zone)
💹 Relative strength also improving against the broader market
A breakout from the falling channel could ignite a strong upside move.
🗓️ Chart timeframe: Daily
📍 Stock Price: ₹20.57 (as of May 20, 2025)
👀 Watchlist this one — it’s curling up nicely!
#SINDHUTRAD #ReversalPattern #DoubleBottom #FallingChannel #TechnicalAnalysis #StockMarketIndia #SwingTrading #ChartSetup #ManinderSinghAnalysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.