Chart -> Excel Industries Daily
After a brief downtrend, the stock has created a base and given a symmetrical triangle breakout at the bottom. Looks good for reversal.
CMP: 982
Good Range To Buy: 920 to 980
Targets: 1111, 1258, 1368
SL: 882 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
Long Excel after the BO of marked TL above 1225 with SL between1175-1150 for the target price between1400-1600. Stock is expected to bounce back from the support levels. High probability that stock will move up from the support area. Stock is in a consolidation phase for some time. All important levels have been marked on the charts. This is for your educational...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
#EXCEL INDUSTRIES is in going towards channel upper line.
Monthly --> bullish
Weekly --> bullish if closes above 1250 this week
High probability Trade for Long term
Long term Weakness comes below 785 weekly close
Technical chart is good
Look for fundamnetals - EPS to Price ratio, compare PE with peers, QoQ & YoY results & take ur decision
Its not Investment...
Excel industries looking very bullish, risky can buy for targets above 1600, I would wait for a little correction best if it closes the gap and start its journey upward.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below supertrend (for short term traders) or close below 200 day EMA (for long term investors)
After posting quarter sales growth of 64%, quarter profit growth...
The excel Industries with a good fundamentals have formed a double bottom pattern at support and retested the support zone.
The stock can continue its upmove from 966 level and reachout to new high.
DISC: For educational purposes only.
