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Carborundamuniversal

CARBORUNDUM UNIVERSALNote: 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... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:CARBORUNIV
by SENSITRADE_T
CARBORUNDUM UNIVERSALNote: 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... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:CARBORUNIV
by SENSITRADE_T
CarborUniv - Good Growth ProspectsCarbor Univ has already completed extended M Pattern and now recovering from the same. 1. RSI is improving continuously 2. MACD also strengthening 3. Price are at a technical short term breakout 4. Fundamentally, giving growing results and also, CarborUniv GMBH acquired two german abrasives companies which has long record of quality business management and strong market presence in EMEA and USA. Through the newly acquired business' distribution network, CarborUniv is expecting to push their products into the established markets Company is a part of Murugappa Group, one of the progressive groups of business. Disc.: This is not a Buy Recommendation and I am not a SEBI Registered Investment Advisor. I may be invested in the studies that I present.
NSE:CARBORUNIV
by TechnoFunda_Investor
Target 1 (28%) achieved in Carborundum. Target 2 is ON...This is follow-up on Carborundum Universal. Can check link to related ideas. Target 1 achieved. More than 28%. 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 consult your financial advisor before taking any trade.
NSE:CARBORUNIVLong
by MandeepSinghKohli
7
CORBORUNIV: Rectangular Pattern Breakout CandidateThe stock has been moving in a narrow range rectangular pattern for a couple of days now. On Friday, July 23, we observed a spike in volume, bringing it towards the upper resistance and the 52W high levels. Carborundum had good results last quarter, and it next set of results are expected on August 2. May be this has lead to renewed interest in the stock. Depending on your risk profile, stock can be either bought at current levels, or you can wait for the resistance level (~680) to be broken with volumes and then enter the trade. Depending on the follow through, we can expect targets of 736 and 840 in short to mid term. The stop loss can be maintained at 610 level, which is the lower end of the rectangular range. Supporting technicals: RSI: 63 ( Bullish but not overbought) ADX: 33 (Suggesting strong trend) P.S: This idea is for educational purposes only and should not be construed as an investment advice.
NSE:CARBORUNIVLong
by Yes2Profits