ITD Cementation India is showing breakout on Monthly chart with great Volume, the fundamental is also good check on screener.in and chart is also showing. (screener.in/company/ITDCEM/consolidated/)
CMP : 160 TG : 220 SL : 2% Below breakout (143 approx..) R/R : 3.5 times (Risk to Reward) Time : 6 month to 1.5 year
Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. (To view this, click sedg.in/qbaizrm6) 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click sedg.in/pcsjy6rm) 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. (To view this, click sedg.in/35d2hkf7) 5: Timing : Entry Timing on daily chart, wait for near breakout
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.
Disclosure : going to Hold
Comment
⋅
flying high.... Results are also ultimate.!!
Trade active
⋅
almost reached..
Trade closed: target reached
⋅
it is on fire ..... trail your stop-loss accordingly...