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CESC

CESC Ltd. (NSE: CESC) - Weekly Chart AnalysisView: Bullish on confirmed breakout. Bias: Positive momentum. Strategy: BUY: Above ₹178-180 (on weekly closing basis, confirming trendline and resistance breakout). Targets (T): T1: ₹195-200 T2: ₹210-220+ Stop-Loss (SL): ₹168 (on weekly closing basis). Reasoning: Attempting a breakout from a significant descending trendline. Cleared horizontal resistance at ₹175. Bullish crossover in moving averages with price above all MAs. Strong RSI and supportive volume. Potential for a major trend reversal. Note: This is an educational analysis and not financial advice. Do your own due diligence before investing.
NSE:CESCLong
by rmhetre15
Bullish trap in CESC: Ascending channel.Two points are showing a bullish trap in CESC chart (daily timeframe):- 1. Prices are exhausting in the channel. A volume spike is needed for the channel breakout, which is missing here. 2. Prices made higher highs, but RSI made lower highs, showing divergence. This means there are good chances for a bearish breakout. 3. A failed breakout from the lower channel will pull prices back to test the higher trendline of the channel. RSI breaking the 75+ will be a bullish signal for the prices to go for the higher targets.
NSE:CESCShort
by AbsoluteAnalytics
1
CESC is getting ready for big move!Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending triangle Pattern in Daily TF. * From Jul 2024 to Aug 2024 Moving in a range. * From Jul 2024 to Aug 2024 Tested & Moving Near Resistance zone. * It's near resistance Zone and trying to break Resistance Zone with good volume. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:CESCLong
by ChartSight
1
CESC - Cup and Handle BreakoutCESC Limited is an integrated electrical utility and holding company. The Company is engaged in the generation and distribution of electricity across approximately 570 square kilometers of licensed area in Kolkata and Howrah, West Bengal. TTM EPS: 10.92 TTM PE: 8.99 P/B: 1.20 Face Value: 1 Mkt Cap (Rs. Cr.): 13,017 Dividend Yield: 4.58 Sector PE 17.62 Book Value Per Share: 82.30 Positives: Strong Momentum: Price above short, medium and long-term moving averages New 52-week high today Increasing Revenue every quarter for the past 2 quarters Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Negatives: MFs decreased their shareholding last quarter Inefficient use of capital to generate profits - RoCE declining in the last 2 years Inefficient use of shareholder funds - ROE declining in the last 2 years Inefficient use of assets to generate profits - ROA declining in the last 2 years Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years Declining Net Cash Flow: Companies not able to generate net cash NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
NSE:CESCLong
by babutaaniket
Swingtrade in CESC.Over the past 14 years, the price has been moving within a rectangular channel pattern. It goes up and then comes back down to a support level, creating a significant demand and supply zone. Currently price trading at 25% down from its all time peek. As visible price has formed another parallel channel pattern inside the bigger pattern. It seems all set to give a breakout in daily timeframe. If the price breaks out with high trading volume and stays above the line, it's a good signal to start trading. We can go long (buy) and aim for at least a 18% gain from our entry point. Buy- 79 Targets- 94, 96.5 Stoploss- 74 Please note I am not SEBI registered. Do consult with your Finance adviser before investing. #SwingTrading #technicalAnalysis
NSE:CESCLong
by BullishLine
3