Hi guys, In this chart i Found a Demand Zone in SFL CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you
Price is moving inside an ascending broadening wedge pattern possible forming a large WXY corrective pattern. X wave has not completed yet. It can end somewhere between 800-900 levels. Fundamentals are improving, margin pressure is still there. Borrowings increased due to big CAPEX. It is the market leader and the largest manufacturer of Polyurethane Foam in...
Monthly trendline breakout on $SFL. resistance around the 13 area, but if cleared 15 & 18 are next targets imo.
1) Sheela Foam is in consolidation state. 2) Buy in support Zone 3) First Target 2000, Second Target 2600 Reason....
Goals 3275, 3085. Invalidation at 3935 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
Immediate targets 3123.10, 2897.70. Invalidation at 4544.70 We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically...
NYSE:SFL Long on #SFL - RSI very low - MACD sloping up - Divergence between RSI and Price - Based on the above indicators the stock may break the downward trend - Target price US 8.30 (23.6% Fib level)
#SFL CMP 1686 Long suggested above 1715 Stop 1590 Target Open Logic Weekly chart Stock witnessed a 31% correction from 52 wk high with relatively low volumes after which stock has recovered with huge volumes. Stock also has broken out of a rectangular pattern with huge volumes post which has been consolidating with very tight contraction in price as well as...