SPIC again ready for a huge breakout Extending channel pattern is formed and is ready to break barriers for a target of 100
STHPT trade ideas
multibagger alert SPIC CMP 49Technical analysis : it is showing gpt infraproject like graph symmetrical triangle breakout if it remains above 47.50 it will give breakout in upcoming days but if it breaches the treandline it will just take time to go up,
RSI is in oversold zone.
FUNDAMENTAL: 1/ increased revenue in jun 21 quarter
2) increased operating profit in jun21 Q
3)profit before tax 27 crore which is less as compared to previous 32 crores but it is good as compared to other companies performance in this quater due to covid .
best time to buy this stock is now as it is down 20 % in the last month
Multi year BreakoutBreakout in most awaited and a Genius favourite stock 'SPIC'.... The unit started its full operation only by the last march...... Its good time to invest and wait atleast 6 months
SPIC Southern Petroleum .The stock on steroids .Look at the move on daily , with the way it is going , should show 150 real soon. Volumes are encouraging and fantastic price action. This needs to be your folio.
Simple price action, no jazz.
SPIC Medium term Positional CallSouthern Petrochemicals Industries Corporation Limited : Trading technical call for Medium Term
NSE »SPIC & BSE »590030
CMP: 48.7, Closing based SL 42.9, Targets 54 55.5 57
Technicals:
* All time high and Close breakout
* Weekly pole and Flag Pattern Breakout
* Volume Breakout
* Swing high breakout
Discliamer: All levels are for Educational Purpose Only.
