STOCK — SONACOMS
Quick Overview
SONACOMS has been in a broader downtrend but recent price action shows a short-term bounce from the ₹400 area. The chart indicates possible accumulation and a reversal attempt — trade with defined risk.
Current Price
Buy Zone
Trade Levels
Parameter | Level |
---|---|
Stop Loss | ₹398 (below recent swing low) |
Target 1 | ₹455 — partial booking |
Target 2 | ₹475 — move stoploss up |
Target 3 | ₹495–₹500 — positional major resistance |
Timeframe | 3–6 weeks |
Chart (daily)
Reference chart snapshot — for visual confirmation place your own charting tool here.

Risk Management
- Risk only 1–2% of trading capital per positional trade.
- Use stoploss at ₹398 and move the stop to breakeven after Target 1 is reached.
- Consider scaling out: sell 30–50% at Target 1, next portion at Target 2.
Trade Notes
• If price closes below ₹400 on daily timeframe, invalidate the bullish view.