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STC – TECHNICAL CHART STUDY

STC_1

buy STC above 220 closing basis, sl 195 target 250-275

holding is only on closing basis.

technical chart study

as per the technical chart study we can see that, stock has made “RISING WEDGE” on chart now, and recently it moved above long term resistance level.

stock is rising its low so if it able to break recent high level then we can see some new high’s from the stocks.

so overall basis consideration is if price able to move above mention level on closing basis then only we can see upper moves in stock and recent low should work as stop loss for this.

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