Sybly Industries
We have covered this stock in our Last 2 Analysis
Traders can take long in range of 8-8.2 with SL of 7.7 and Target of 9.2-9.5.
So as per below chart
Traders can take long in range of 9-9.3 with SL of 8.5 and Target of 11.5-12 .
Stock made a High of 11.1 last week but it was a freak high as very few shares were traded but we had weekly closing above 10 or double digit after a gap of almost 8 years suggesting bullishness can continue further.As per Gann also 11 is very sacred number and closing above it we can expect a quick 8-10% move.
So as per below 2 Supply and Demand chart of Both Weekly and Monthly
Traders can add to exiting long from 9.3 9-9.3 in range 10.2-10.3 with SL of 9.5 and Target of 11.56-12-12.9 .
The above Stocks is not investment pick as I am not expert in Fundamental analysis but a short term pick for gain of 10-20% purely based on Technical Analysis.Please also do your own study before trading this stock and trade in small quantity.
CHEERS SIR SYBLY TOUCHED 13
thanks