Today I am going to do analysis of another stock SIS, the stock is will be declaring its Q4FY18 results this week. Let's see how the stock looks on the charts!
SIS (Security and Intelligence Services)
The stock is looking very beautiful on the charts, as the prices has recently given a breakout out of the channel. It's just not the channel but on the long term chart, the stock seems to have a given a breakout of the bullish flag pattern.
The Ichimoku cloud has turned GREEN and the stock as of now is resting near to the levels of breakout. Have a look on the charts below. MACD and RSI indicators are also positive.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that i might have SIS in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments. This is not a Buy/Sell call but just meant for reader Education purpose.
This article is contributed by Prateek Dhuper on Mon May 07 2018 11:53:48 GMT+0530 (IST)
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