NSE:ESTER
10 Month Long Consolidation in range of 125-150 since April 2021.
Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high.
Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down.
Accumulate b/w 136 - 120 as Stock will gain more strength above 140
Targets : 162 - 180...
Ester Industries Ltd is forming a cup and handle pattern on the daily time frame and has broken its resistance with good volume. Good RR trade.
SL 149
Target 179
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This is a series of videos I am starting so that I can give you guys what I think and am seeing for tomorrow also which stocks to add for tomorrow and how I hold my trades and think during the process :) your fav stocks and you want me to analyze plz comment on...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
🔥 Strategy :
✣ Simple: On the D chart supply is now your demand zone
✣ Bullish pattern consolidation at the same levels with a good Risk to reward ratio is generated here too
✣ Where to trade, which TF to use, and how much to risk is told inside the video do see...
Ester Industries has moved significantly in the past 1 year, It has been trading in a range for the part few days. Expecting the stock to resume the uptrend. Buy with a SL below the highlighted zone on closing basis.
✔buy @ 100-106 range✔
🎯short term trgt 122-150-200
🎯long term 300-400++
💰better managment
✌️superb numbers publsihed
🧾Net Sales at Rs 255.65 crore in December 2020 up 3.78% from Rs. 246.34 crore in December 2019.
🧾Quarterly Net Profit at Rs. 32.90 crore in December 2020 up 69.65% from Rs. 19.39 crore in December 2019.
🧾EBITDA stands at Rs. 57.59 crore in...
