Detailed View about this Breakout:
No.of Resistance: 4
No.of Support: 3
Consolidation Days: 375+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
#CANTABIL (D):- CMP 1105.3 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
This is follow-up on Cantabil Retail India. Can check link to related ideas.
Target 1 achieved. More than 37%. 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....
This is follow-up on Cantabil Retail. Can check link to related ideas.
Target 2 achieved. Gain of more than 78%. Target 3 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....
We can see stock of cantabil again ready to go another lifetime high above 850 level. Red candles are very small seems buyers can take charge. All important levels are mentioned on charts. This is for your educational purpose only.
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.
NSE:CANTABIL
Price is consolidating in a narrow range with clear resistance with multiple hit to the same level.
Enter on price sustaining above 630 for the target of 646. If momentum is good, book partially and trail with SL
Good for a short-term intraday trade.
Key Factors
- Breakout after long Consolidation
- Symmetrical Triangle Breakout
- Rising Volumes
- ROCE 28%
- ROE 14%
- EBITDA 26%
- Almost Debt Free
- Net Profit Growth 31%
Note- It is for Educational Purpose Only.
We can see on daily chart of stock at near the BO level of 299. We can take long entry after the BO for the next level of 315. please follow the candlestick pattern & clear BO. Once the BO stock will move above the 50 EMA level.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep...
