Sequent Scientific Ltd.: Inverse Head and Shoulders Breakout

17 ส.ค.

Sequent Scientific Ltd. has formed a classic Inverse Head and Shoulders pattern on the daily chart, indicating a potential bullish reversal. The stock has broken above the neckline with strong volume, suggesting upward momentum. The next resistance levels to watch are INR 160 and INR 180, with a potential target of around INR 200. Traders could consider entering on a pullback to the breakout zone with a stop loss below INR 140 for a favourable risk-reward setup.