SEQUENT SCIENTIFIC By KRS Charts
Date: 4th July 2024
Time: 10:42 AM
Why Sequent Scientific ?
LH- Lower High, LL - Lower Low
HH- Higher High, HL- Higher Low
1. Applied Simple Dow Theory from year 2022, It was consistently making LHs and LLs and very first time in Feb 2024 it breaks previous high and makes new HH, which is considered as a beginning of reversal.
2. After that on 3rd June Price action made new HL for first time without breaking previous LL level and moving upwards with strong candles and volume.
3. Meanwhile, on weekly TF price took support from 100EMA too and makes strong upward moves.
Target 1 - ~203 Rs.
Target 2 - ~260 Rs.
SL- Weekly Closing below 100EMA
Time: 10:42 AM
Why Sequent Scientific ?
LH- Lower High, LL - Lower Low
HH- Higher High, HL- Higher Low
1. Applied Simple Dow Theory from year 2022, It was consistently making LHs and LLs and very first time in Feb 2024 it breaks previous high and makes new HH, which is considered as a beginning of reversal.
2. After that on 3rd June Price action made new HL for first time without breaking previous LL level and moving upwards with strong candles and volume.
3. Meanwhile, on weekly TF price took support from 100EMA too and makes strong upward moves.
Target 1 - ~203 Rs.
Target 2 - ~260 Rs.
SL- Weekly Closing below 100EMA
Note
10% Move TodayNote
Touched ResistanceNote
Breaks the Resistance black line in smaller TF but let it close above itNote
5+ % Move Upside
Soon 156 Rs IMP Resistance
Note
Significant Gap Up
More than 5%
Broke the Range
Note
6% Gap up
After New Ingredient approved from WHO
Transaction en cours
FILLED THE GAP AND BACK TO RALLY MODE ⬆️
Transaction en cours
New 52 Week HIGH ❗❗⚠️🤩Transaction en cours
40+ % Return
Today Move 6.85 % 🔥
Transaction en cours
Beautiful 🔥
SMASHED T1 ✅
7% Move Upside
View made New HH and Now Expecting some profit booking before furthering up move.
Transaction en cours
Strong Green Candle Today as well with Good Volume 📈↗️
Booked Little Profit Here ✅
Rest Still in Portfolio 👍
Transaction en cours
New Higher Low!!
Let see can it make Higher High??
Note
⚠️⚠️
Bullish Divergences in 1D & Hourly TFs 📈with RSI.
Also, 1W 100EMA is on where stock price trying to bounce back.
Dow Theory - If this recent low is another Higher Low then Expecting Target 2.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.