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Published on 19/10/2020 9:05:35 AM | Source: LKP Securities Ltd

LKP Spade, Weekly Pick - Buy Sonata Software Ltd For Target Rs. 386 - LKP Securities

Posted in Broking Firm Views - Short Term Report| #IT Sector #Sonata Software #LKP Securities Ltd #Trading Report

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* Stock has given a bullish flag pattern breakout on daily chart which is bullish continuation pattern by nature.

* Along with that stock has bounced after retesting the previous breakout zone and good volume activity also witnessed on the charts.

* Momentum indicator RSI and MACD are ranging in positive territory.

 

Buy Sonata Software Ltd @ 359 TGT 386 SL Below Rs. 340 Duration 1 Week

 

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