NiftyBreakouts

SATIA INDUSTRIES Breakout

Long
NSE:SATIA   SATIA INDUSTRIES LTD
SATIA INDUSTRIES have been making HH & HL formation for a while now. Also had a pretty good recent result. The scrip has been testing the trendline Mutiple times without success.

Wait for confirmation, don't jump in blindly.

A strong break above the trendline can result in pretty sharp up move of 15-20%.

Entry - Close above 153
Target 1- 170
Target 2 - 191
SL - 134

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