Note:
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...
Carbor 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...
#carboruniv
#carborundum
Keep an eye on weekly closing.
Any good green candle on weekly close will trigger long entry.
Stock is beneficiary of EV theme.
#vr
CORBORUNIV script has formed an asc triangle pattern, RSI & Volumes are good and indicating further upmove. Entry, SL & Targets are marked in the chart
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....
The 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....
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.
CARBORUNIV breaking inverted head and shoulder pattern with volume. if closing price is above 530, then we can take long position with trgt 600and sl 505.
The stock is in uptrend and has given breakout in daily timeframe and also sustaining above it.
Volume action has also been seen in recent weeks.
Retest level: 410-420
Buy on dips.
CMP: 475
Target: 655, 720
- Weekly Breakout of 3yr long consolidation
- Good Volumes near breakout zone
- Looks good for medium - long term investment, if sustains above breakout level on Weekly closing basis
