SUNTECK trade ideas
SUNTECK Realty Ltd -Breaks the previous resistanceSUNTECK Realty Ltd -Breaks the previous resistance levels and also breaks cup and hadle pattern.Good potentials to move upward till 534 for long term. but less in volume.trade with small number of quantity. Will keep stoploss at 386 or 400.
Disclamer:Please check with your financial adviser before taking any trade and also put your own analysis.
Long opportunity in SUNTECK REALTYSUNTECK REALTY had given a breakout from a symmetrical triangle pattern three weeks back and now again it is retesting the resistance level. So if this scrip had traded above the resistance during this week, we may look forward to long this scrip on Friday evening and may hold it for some months for better rewards.
So swing traders who had missed the opportunity can now enter long position and those who long at breakout may add some more quantities to it base on your risk appetite.