Is Sintex Industries set for a rally after good results ?

Sintex Industries has broken out from the inverted H & S pattern above 25. The counter posted good results for the quarter is well.

                                                   Sintex Industries Daily Charts

Dips can be used to accumulate the entity for higher targets 30/33.40/40 with stop loss of 23.50.

Trade objectively and wisely with the consideration of own risk with amid volatility. The strategy would be to wait patiently for the right opportunity to unfold to probable profitable trade setups.

Raju V Angadi

Equity Research Analyst

 To know more about probable counts analysis on NIFTY, BANK NIFTY and CNX IT along with 5 stocks for the month check out our newsletters and advisory services contact us back on rvangadi@googlemail.com or swing research5@gmail.com or +91 78291 55900

.

To swing your fortune higher join us and be ahead to track market turns ....

Disclaimer: This is just an view based on the research of individual for educational purpose. So kindly trade along with the consultation of your financial adviser, market trends, price action and own risk appetite considered while investing or trading in stock markets.