52weekhighs
West Coast Paper Short term Trading ideaWest Coast Paper Given Positive Breakout |Short term Trading idea India 2022
Close within 52 week high zone
Promoters Holding - 56 % ,
The higher Percentage of Delivered Quantity
west coast paper share price target - 405
To learn more idea Search - Trading with Manoj Shinde 27485
Sun Pharma - Positional Trade Idea - Buy (Target 895)Scrip Name: Sun Pharma
Setup: 52 Week High / Breakout / Positional Trade in Uptrend
Entry zone - 750 - 830
Support zone 1 (750 - More positions can be added in this zone if your risk allows),
Support zone 2 - 650
Stoploss - Prices moving below 650 should wake us up
Note: Sun Pharma Promoters has a pledging of 6.36%. Any increase in this (beyond 10% should be a deal breaker)
Additionally in coming weeks expect markets to be more Volatile, meaning the corrections will also be sharp.
Enter in fresh trades only if your pocket allows to face deep cuts and drawdowns and add more positions.
Please trade and invest based on your risk profile.
VIP Industries - 52 week High1. Stock making New 52 High.
2. Stock breaking out 3yr High.
3. Stock consolidated for 4 months before breaking 3 yr High.
4. FII/FPI have increased holdings from 4.39% to 5.84% in Dec 2021 qtr.
5. Mutual Funds have increased holdings from 16.47% to 16.68% in Dec 2021 qtr.
Fibonacci based targets: 775 , 855 , 1005
Stop loss : Below 565 (closing basis)
VISAKAIND - Classic Rectangular Pattern Bullish BreakoutThe stock has broken out of the pattern after a consolidation phase and supported by very high volumes.
It is expected to follow on the trend and can be bought at current levels for targets of 838 and 900 in near future.
The stop loss can be maintained at 775 level, which was the resistance level before the breakout.
Supporting technicals:
RSI: 66 (Bullish but not overbought)
ADX: 45.5 (Suggesting strong trend)
P.S: This idea is for educational purposes only and should not be construed as an investment advice.
MOTHERSUMI, Swing/Positional/Long TermMothersumi has taken support from the resistance turned support at 235 and the uptrend line to form a pole and flag pattern. Watch out for a break above the upper edge of the flag and the 52 week high for a target of fibonacci pivot.
Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)