Let us study ALLCARGO Logistics for Positional Investment prospects.
- Price has broken out All-Time-High of 2018.
- Price has crossed the previous swing high above ATH.
- Stock is in an uptrend since May.
Volume & Deliveries:
- Huge deliveries had happened in July & August near ATH Range.
- From 19th July to 4th Aug. 2.04 cr. shares were...
The stock has given a breakout of the ascending triangle pattern it was trading in, coupled with decent volumes.
One point of caution here is that RSI is about to cross 70, hence watch the movement closely.
I believe the trade can be initiated if the stock manages to sustain over 237, for targets of 260 and 286.
Stop Loss can be maintained at 223.
Allcargo Logist can go long at 228 with stop loss of 200. Target 236 and 244.
Fundamentals are very strong and can buy hold with long term prospective
Healthy Dividend payment history of 32%
Double growth in terms of overall net Profit (117 Cr) last quarter
Expected good performance for this quarter as well
Consistent and strong cash flow (consistent...
This is follow-up on Allcargo Logistics. Can check link to related ideas.
Target 1 achieved. More than 8%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
buy above 164 in intraday and swing
for swing trade can add in dips till 150
stoploss for swing is 138.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on...
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...