SthitaprajnaYogi

PRESTIGE ESTATES for 25% (approx..) Gain

Long
SthitaprajnaYogi Updated   
NSE:PRESTIGE   PRESTIGE ESTATES P
PRESTIGE ESTATES PROJECTS shows consolidation Breakout on weekly chart, It has given 20 months or approx 80 to 85 week consolidation breakout and it is important. The Realty sector is also in strength. One can initiate the trade with the help of his personal research. Delivery is also very high on weekly basis.

Here you are seeing the monthly chart breakout on weekly basis.

CMP : 536
TG : 650
SL : Below Previous candle
R/R : 1.8 times (Risk to Reward)

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery. (To view this, click sedg.in/9fg2ve71 )
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click sedg.in/faivt7cr )
4: Fundamental : PE, PAT, Industry & peer PE and sector performance. (To view this, click sedg.in/kcwm6jhe )
5: Timing : Entry Timing on Daily chart.

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.

Learning : Stop loss is very important concept in stock market it will protect your capital but prepare to invest in another to recover your money from other one. If you don't know what is this ? how to place it ? go to youtube there are 100's of videos available, learn from it.

" Learning is Life ".
Trade active
Trade active:
Approx 5% in a day great return
Trade active
Comment:
fire is on...
Trade closed: target reached:
Trail you stop-loss accordingly...
Comment:
strong stock .... on fire....

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