#AEGISCHEM #patterntrading #momentumtrade #cupandhandle
AEGISCHEM : 1-3 Month Trade
>> Cup & Handle Breakout
>> VCP Visible
>> Institutional Buying Visible
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Aegis Logistics Limited is looking good to enter long position, head and shoulder pattern along with long time resistance about to break, we can buy above 415 with stoploss at 345 for the target of 1:2.
- before invest do your own analysis which will give you the confidence to stay in the trade till you achieve the target - educational purpose only.
Stock Name - Aegis Logistics Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 324
#This is not Buy and Sell recommendation to any one. This is for...
T- 250 280 300+
The stock has been in a correction phase since Jun 2021. Bulls have showed their presence by making a bullish engulfing candle in weekly TF. Our entry is not completely based on candle but price action too. In daily TF there is a bullish price action building up. Stock has given breakout of ascending triangle. It...
Aegis logistics stock price has been falling since July month. But it has now neared a point where a possible reversal may be seen.
The RSI on weekly basis is indicating the stock as undervalued and more importantly, this is nearing the XABCD bullish crab pattern's terminal bar price.
in the past, we have seen a very good reversal from the terminal bar price of...