Sterling tools near its supply zone
Updated
Stertools has been on a downtrend since 2018.
The stock has made a double bottom and currently at the neck line which is very strong supply zone of 250rs-260rs which coincides with 38.2% fib level.
If the stock manages to give a weekly closing above 250rs and sustains the same in the following week, we might see a big upmove in this stock.
Keep this stock in radar for a good positional trade since volumes have increased in previous few weeks
The stock has made a double bottom and currently at the neck line which is very strong supply zone of 250rs-260rs which coincides with 38.2% fib level.
If the stock manages to give a weekly closing above 250rs and sustains the same in the following week, we might see a big upmove in this stock.
Keep this stock in radar for a good positional trade since volumes have increased in previous few weeks
Trade active
10% up already today.Trade closed manually
Today's high is 322.75. More than 25% returns!
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