Sunday, October 11, 2020

Technical analysis-Sequent scientific

Technical analysis : Sequent scientific(Chart attached)

Be cautious for short term!

  • Those who willing to buy SEQUENT SCIENTIFIC share for short term gains kindly be patient and wait for pullback completion.
  • RSI NEGATIVE divergence formation happening, Be cautious!
  • As per the Elliot wave,wave 5 got completed and currently correction wave has been started.
  • As per the Fibonacci retracement,pullback may come to 38.7% level or 50% level.So 1st target confirmation will be 38.7% which is around 124 level. 
  • If the pullback started to retrace at 23.6% or 38.7% then GO FOR BUY!

DISCLAIMER : Not invested! & only for Educational purpose.




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