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.
Everestkanto
Everest Kanto cmp 202.70 by Weekly Chart viewEverest Kanto cmp 202.70 by Weekly Chart view
- Support Zone at 162 to 170 Price Band
- Volumes are steadily rising week after week with good traded quantity
- Stock Price is well above EMA 21-50-100-200 and going upwards steadily
- Stock is very much in decent upside momentum on Daily and Weekly Charts
- Weekly basis Support at 181 > 155 > 128 with the Resistance at 235 > 267 > 297
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.
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.
Risky Investment - Can rise 100%This is not investment advise/recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
Everest Kanto major resistance breakout in a daily chart? Major Resistance breakout in Everest Kanto.
After the continues fall, the momentum was paused from 12 May 2022 @140-155 range.
This range is tested multiple time, which helped in forming important Demand zone.
Which confirm buyer are slowly taking control, and now, we can see there is a breakout of major resistance.
Stock is having potential to reach 260 range, If it is coming for retest 175 range must act as support, for the upside rally stock has to close today's high. Ideal SL will be 163.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:EKC
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
