EKC - EVEREST KANTO CYLINDERAfter a long consolidation , the stock raced up 27 % in 2 sessions showing its strength from a good support.
An opportunity for a 40% trade awaits.
EKC
Everest Kanto Cylinder Ltd#,EKC
CMP ₹.200.36
An Indian company with a strong international presence , specialized in the manufacturing of high pressure cylinders to industrial, automobile and medical fields.In long run company have a good growth perspective especially due to the global pushtowards clean energy solutions like CNG & hydrogen. Technically company is showing a positive momentum.Also tending to complete a round bottom pattern with completion of another 2 same patterns inside the parent one. Nearly 50% growth can be expected in a 6 months time if the expected round bottom pattern fulfills.
Support @ ₹.150 levels.
Disclaimer : Post only for educational purpose. This is not a buying/ selling recommendation. Iam not a SEBI registered analyst .Do your own analysis and act accordingly.
EVEREST KANTO CYLI STOCKNSE:EKC stock is break the triangle pattern.
Buy entry is break and sustain above the 155 Rupees,
Target 1 is 165 to 169 Rupees,
Target 2 is 178 Rupees,
Target 3 is 190 to 195 Rupees,
Target 4 is 210 to 218 Rupees,
stop loss break and close below the pattern.
EKC: BO soonEKC is in a triangle and near it's resistance. Targets: 180-215-240-260. Invalid if closes below the triangle
NOTE: I'm not a SEBI REG. Study charts before investing.
EVEREST KANTO CYLINDER - Bottomed Out! | 2x PotentialPrice Analysis & Overview:
1. Prices at demand zone.
2. Structure is bullish.
3. Volumes are good.
4. Respecting EMAs.
5. RRR is favourable.
Trade Plan:
- ENTRY = Pending...
- (After bullish trendline breakout confirmation)
- SL = 10-15% max
- TP = 1:3,1:5,1:8,1:10
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
EKC - heading towards 250NSE:EKC
cmp 145
heading towards 250
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
EXCITING BULLISH IDEA 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel and Symmetrical Triangle
📌 Symbol/Asset: EKC
🔍 Description:
Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
EKC is indicating inverse H&S breakoutEKC is indicating Head an shoulders breakout, watch out above 107 closing on daily basis.
only for educational purpose
EkcEkc Or everest kanto can reverse from here, a good profitable upside is seen, but keep SL as indicated in chart.
EKC Breakout after 2009#EKC
Looks good on weekly charts
After long time breaking highs of 2009
Expecting upmove of 40% nearly.
On upper ckt presently.
Will try to get around 240
SL Of 185 on weekly close
#vr
