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SONATA SOFTWARE – TECHNICAL CHART STUDY

SONATA

buy SONATA above 43.50 sl 41 target 47-52

technical study

as per technical chart we can see that, stock has made “SYMMETRIC TRIANGLE”  chart pattern.

even rsi has taken support on trendline and able to give a tick above resistance in last session.

today stock has given a “BIG WHITE BULLISH” candle on chart as well as it has created “MORNING STAR” candlestick pattern on chart.

so overall current we says that if price able to move above 43.50 and able to sustain for half hour with support at 41 level then we can see good action in stock.

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