rdkriplani

Sequent - Potential Double Bottom

rdkriplani 已更新   
NSE:SEQUENT   SEQUENT SCIENTIFIC
A stock that has faced a world of headwinds and is slowly but surely setting up for a bright future in animal pharma.

There is a RSI +ive divergence and also the stock has bounced off what could be a double bottom. This more more of a long term investors pick though and not for a quick trade.

Long at current market price and a deep deep stoploss below 95. (Carlyle got the co at 98 so i assume they would become active around those prices again).
This co might not generate quick returns and this quarters result might not be the best either so 50% at current price and 50% post results might be a smart play too (Results 25th May).
评论:
Carlyle Deal was at Rs86. The SL would still be the same though.

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