CARBORUNIV
CARBORUNIV - Long Setup, Move is ON..NSE:CARBORUNIV
✅ #CARBORUNIV trading above Resistance of 1215
✅ Next Resistance is at 1360
✅ Trading at all time high
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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 - Long Setup, Move is ON..NSE:CARBORUNIV
✅ #CARBORUNIV trading above Resistance of 1014
✅ Next Resistance is at 1215
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
CARBORUNIVCARBORUNIV:- Cup and handle pattern has formed on the weekly chart, keep an eye
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.
CARBORUNIV | Good for Long NSE:CARBORUNIV
Cmp : 930
Entry : Cmp or near 918
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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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
CARBORUNIV - Ichimoku Bullish Breakout Stock Name - Carborundum Universal 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 890
#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, it motivates me to do analysis.
Long CARBORUNIV, Move is ON..NSE:CARBORUNIV
Target 1 achieved in CARBORUNI. Based on current strength in the stock. target revised.
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Breakout in Carborundum Universal...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.
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.
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.
#GREAVESCOT #ENGINEERING #ENGINERSIN #MACHINERY #EQUIPMENT 11%+ Greaves Cotton Ltd
#GREAVESCOT
NSE:GREAVESCOT
CMP: 145.35
Target: 170++
May hold above 170
Stop Loss: 127
Time Frame: Approximately 3 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 200 in longer time.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
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With 💚 from Rachit Sethia