SSGC Technical Buy Call - Second Strike on 1H
Rationale: SSGC previously surged from Rs. 10 to Rs. 50 in a few months, then reaccumulated in a double bottom bull flag pattern. With a bullish access zone as support, the stock is poised for further upward movement.
🚨 TECHNICAL BUY CALL – SSGC🚨
- Buy 1: Current level (Rs. 45)
- Buy 2: Rs. 44
- Buy 3: Rs. 43
- TP 1: Rs. 50.6
- TP 2: Rs. 55.5
- TP 3: Rs. 60.5
Stop Loss - Below Rs. 40 closing basis
Risk-Reward Ratio-1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Rationale: SSGC previously surged from Rs. 10 to Rs. 50 in a few months, then reaccumulated in a double bottom bull flag pattern. With a bullish access zone as support, the stock is poised for further upward movement.
🚨 TECHNICAL BUY CALL – SSGC🚨
- Buy 1: Current level (Rs. 45)
- Buy 2: Rs. 44
- Buy 3: Rs. 43
- TP 1: Rs. 50.6
- TP 2: Rs. 55.5
- TP 3: Rs. 60.5
Stop Loss - Below Rs. 40 closing basis
Risk-Reward Ratio-1:3
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.