Ismt

Bullish Breakout in ISMT Ltd A Bullish Breakout of Flag and Pole pattern is visible on the Daily chart of NSE:ISMTLTD MACD will gave Positive crossover on Daily and already given positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing.

ISMT technically has the Ability to give you Plenty!This analysis is purely Technical. Positive: - Annual Revenue rose 19.1%, in the last year to Rs 2,598.2 Crores. Its sector's average revenue growth for the last fiscal year was 9.5%. - Quarterly Revenue rose 12% YoY to Rs 658.7 Crores. Its sector's average revenue growth YoY for the quarter was -0.6%. - Mutual Fund Holding remained the same in the last quarter at 0%. Negative: - Annual Net Profit fell 96.3% in the last year to Rs 87.7 Crores. Its sector's average net profit growth for th

Pennant breakout in ISMT !!!Before heading towards a trade idea, let me clear you about the pennant chart pattern. ->This pattern is majorly divided into two components 'pole' and 'pennant'. ->This kind of pattern forms when a stock has seen a huge and steep rally which makes a 'pole' component of the pattern. -> After the rally, that particular stock goes into a hibernating period, which we call consolidation. This consolidation phase forms the pennant or flag of the pattern. ->Pennant is generally triangular and is fo

ISMT Nice short term buy setup.Hi Guys, there is a running flat making in this particular stock. although overall trend is to the downside so it is a big risky to trade counter trend move. but it can give you good short term returns, as it can go 25% from existing levels. break the mentioned trend line and return from there. be cautious sell when it break the mentioned resistance levels don't hold after that. take profits and get out..

by Honey_Sharma_