SEARL The Sear Company short term analysis 8th Jul. 2020

Further Advance

Our Pivot: 209

Our Preference: Start buying SEARL from 213.50 and average it out till 211.50 with strict stop loss of 209 and profit target at 224 with extension towards 227.

Alternate Scenario: Downward penetration of 209 will call for 205 and 203.

NOTE: SEARL is moving in an upward price channel on weekly chart and recently it have given breakout of a rising wedge in upward direction which would now push it for expansion of said wedge with good volumes.

Daily chart with Supports & Resistances: