Sequent scientific ...Sequent scientific ready to buy ...
Buy above 109.70 stop loss is 101 target 130
SEQUENT trade ideas
Simple Price Action : Forming Lower LowsThis one is marking Lower Lows and Lower Highs - Bearish pattern
Disc: Sharing a technical view and not a buy / sell recommendation and not holding.
Double bottom in SEQUENT scientificDouble bottom. Formation in sequent scientific after long rally of lower lows and lower highs
Suggestive of reversal of trend
Double bottom by sequent scientificDouble buttom in sequence of LL Nd LH
Formation of double bottom indicative of trend reversal
Sequent scientific, good chance to enter in.After long falling ,it can took support from trend line.previous earning was also good ,can take for long.
Sequent near its demand zoneSequent near its demand zone, can accumulate in the range 145-160, with SL of 135 on a weekly closing basis
Sequent scientificDouble bottom with RSI divergence, expect 13% upside in short term
Reasons:
1. double bottom
2. RSI divergence
3. Health pharma sector showing reversal signs
Note: for learning purposes
Buyit gives trend line breakout
Volumes also looks good
And in higher time frame stock is in uptrend and it retrace till 50% according to fibonnaci and nw its continuing the trend
Looking to go long on SEQUENTCMP of SEQUENT is near the 100 day EMA and also high chance of it taking support from 0.5 level of the fibonacci. Will go long on this one if everything else looks okay
Sequent 09-08-21Sequent making bearish butterfly
Hold till 350 levels
Sell 50 percent quantity at 320 levels
Remaining at 350 levels
Sequent Scientific Consolidating and forming Triangle pattern.Sequent scientific after a good rally. Consolidated and formed a triangle pattern that is getting ready to breakout.
Markets are volatile and any side breakouts are possible but still, chances are sequent scientific will be bullish.
Once a given both Intraday and Positional player can take an entry
For bullish breakout
Target 1 : 284 with SL placed 1 point below the trendline (Can be Achieved in Intraday)
Target 2 : 304 (positional Target) if taken position before trail SL accordingly otherwise it depends where you are taking entry.
For bearish Breakout
There is only one Target not much is looking for.
Target 1 : 253 with SL placed 1 above triangle trendline.
BO from Triangle patternthe stock has broken out of a triangle/wedge pattern with good volumes. targets - 300, 311 are possible.
#SEQUENT_SCIENTIFIC
LOOK AT RSI(14) WE CAN SEE A BOUNCE FROM 40 ODD ZONE
ALSO, SYMMETRIC TRIANGLE FORMATION CAN BE SEEN INDICATING A RANGE CONTRACTION.
BREAKOUT FROM THE RANGE CAN SEE A GOOD RALLY TILL 330 LEVELS
VIEW INVALID BELOW 250(DCB)
DISCLAIMER: EDUCATIONAL VIEW
sequent triangle breakout possible!sequent is forming triangle pattern.once it gives breakout go on buy side for target of 10%.
SEQUENT - Symmetrical Triangle + Bullish H&S pattern - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Also, the final target is more than 50% from here and thus price may take few months to reach the final target.
Trade setup is explained in image itself.
Also check out the formation of Bullish H&S pattern in hourly Time frame
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
