LONG APAR INDUSTRIES - BREACHED TRENDLINE Buy APARINDS!!
Breached Trendline in 1D Time Frame. It will go up from here. Hold till it falls below the Trendline.
Buy - 10150
Target - No Target
SL- 10000
All The Best!!
Note: This is just for educational purposes. I am not SEBI registered. Do consult your financial advisor before investing.
APARINDS
APAR after the Apar returns seems to cool down a bitAPAR was analysed for an upmove around 600 levels and have given multifold returns being in the blue sky zone.
Currently have touched the resistance levels at the top and indicating that it would move south from those levels.
Levels I am seeing for supports are at 8102-7656 and eventually major supports around 6.5k in near term with the upper limit as the all time high levels. Budget can be an influential factor here as well.
No recommendation, just my view based on chart pattern.
APARINDS | Positional Trade📊 DETAILS
Sector: Electric Equipment
Mkt Cap: 25,373 cr
Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables.
TTM PE : 30.51 (High PE)
Sector PE : 52.44
Beta : 0.50
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
2.06% away from 52 week high
Outperformer - Apar Industries up by 8.55% v/s NIFTY 50 up by 1.01% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
APARINDS - Ichimoku Bullish Breakout Stock Name - Apar Industries 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 2508
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
APARINDSAPARINDS:- Ascending triangle pattern has been formed and breakout has also been given, keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Apar Industries LimitedAPARINDS:- The stock has given a breakout by forming a cup and handle pattern and has also done retesting. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
APARINDS - Breakout of a Triangle pattern - Short term SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
ATH breakout and consolidationbuy above 1060 for intraday and swing
for swing keep stoploss daily candle close below 1000
for positional can add this stock in dips till 880
and stoploss for positional daily canndle close below 800
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 given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
APARINDS | Good for Long with small Qty as market not good
NSE:APARINDS
Cmp : 864.10
Entry : Closing Above 870
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action