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OriRail - Flag and Pole Breakout. Buy Above 388Oriental Rail Infrastructure is engaged in the manufacturing and supply of several items for the Indian Railways and other industries. It manufactures products such as Seat & Berth, Densified Thermal Bonded Block (DTBB), Compreg Board & Allied Products, ORVIN, Recorn, Coated Upholstery Fabric, Furniture & Parts, Plywood and Phenolic Resin & Hardener, Rubber floor with 30% Market Share - Stock has formed Flag & Pole Pattern. Best to Buy Above 388. Strict Stop Loss of 262 Disclaimer : Sector Tailwind hence seeing good momentum. Exercise caution and adhere stop loss if it falls below and Please treat this as Educational content and not as a recommendation
BSE:ORIRAIL
by jain_geetesh
Paras Defence waiting for good volumeAlways remember, Breakout and breakdown with low volume is of no use. Yesterday I posted update on paras Defence. It closed below previous day low and before that, it has given flag pattern breakout. Both break out and breakdown happened with low volume. so strength was missing. Today There's an inside candle formed on closing basis. I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20). If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down). What should we learn here. Longer the accumulation time, stronger will be the breakout.
NSE:PARASLong
by atuldev-investing
Mayur Uniquoters : SWing Trade#MAYURUNIQ : #Breakout Candidate >> #Trending Setup >> Flag Structure >> Good Strength & Volume Contraction >> Low Risk High Reward Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:MAYURUNIQLong
by moneyfesttrading