Sequent Bull Move Continuous

25 de set. de 2023

Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.

Reasons:

1. Taking support at 200 EMA and VWAP.
   
2. moving in Higher HIGH Higher LOW.
   
3. Important level are marked in the chart.
   
4. RSI breaking 50 to upside shows Bullishness.
   
5. Re-Breakout after 3 month of consolidaiton.
   

Verdict:
Bullish breakoutContinuous

Plan of action:
Buy: 92.65
Stoploss: 86
Target: 107