Sharda Motor Industries expected target of Rs 700
Sharda Motor Industries is above the 200 SMA and expected to reach Rs 700 levels. Also, it is about to breach a previous weekly swing high at Rs 504. It is expected to take a brief halt around Rs 500 levels before resuming uptrend. I will pyramiding my stop losses below recent swing lows in hourly.
Update on 7th July,21 – The scrip crossed Rs 700 levels on 2nd July, 21′. Now consolidating.
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I am passionate about helping others have the right mindset to overcome challenges. Financial independence plays an important role in having that right mindset. I will also post regarding trading and investment ideas. Earlier had successfully completed two masters in management degrees. I am a working professional with more than a decade experience in multiple industries. Disclaimer: Kindly note that, I am not a Sebi registered investment advisor. Please do your own due diligence before taking any action on the posts here. All posts are for educational purposes only.
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