As per today’s end of the day candlestick chart we observed trend reversal formation in the stock Sesagoa. Bearish dark cloud cover candlestick occurred in today’s chart. It is the highly reliable bearish reversal signal. Today this stock opened at Rs.216. and closed at Rs.203.75. During intraday trade sesagoa peaked upto Rs.219 and day’s low was 199. Volume is around 5lakhs 40 thousands shares.
Relative strength index (RSI) and Stochastic oscillator also indicates this stock is in over brought zone. So we expect small downtrend in this stock in ongoing days. We recommend to sell this stock Rs.200 or below. Keep today’s high price 219 as stop loss. Please read our Disclaimer before investing.