vcp characteristics
-The Stock must be in stage 2 uptrend.
-A period of price consolidation must take place in thebase. ...
-Price volatility must contract through the base (from left to right). ...
-Price must correct through a series of smaller contractions.
Market Cap 38,892 Cr.
Stock P/E 41
Industry PE 33
Piotroski score 8
ROCE 31 %
ROE 26 %
Debt to equity 0.17
OPM 18 %
EBIDT growth 3Years 38 %
Promoter holding 31 %
Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built...
Range Consolidation on Lower volumes
Flag & Pole Pattern Breakout
Stop Loss at 45s
Target of 45-50% upside from these Zones
If the stock consolidates at these levels then right time to enter
Volumes looks really good
Rolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways.
It derives nearly 54% of its revenue from bearing rings and 38%...
Travelling in a downward channel since Dec 2022 I'm expecting Nifty50 to take support from this zone.
Currently from the support of the channel, i expect it to at least climb the halfway mark.
Stock is consolidating at a good price range. Any size of green candle can be considered as a trigger. It is indicating a good swing trade. Fundamentals wise ICICI bank has given a good Quarter and Quarter results. Low risk high reward stock.
Good entry opportunity in Wheels India.
Price is on the trend line, so risk-reward ratio is good.
Can exit with 1:2 target also.
SL can be extended upto 530.
The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the...
Buy 20% around 1460-1480, rest add in chunks 1400-1450. Most prefer area 1430-35.
Closing basis Stoploss @1350. Targets has been marked.
*Note- Only for educational purpose.
CESC has broken the day downtrend and is moving upside. I already have taken the trade with a 1 rupee stop loss and 5R target. one can still take this very low-risk trade.
Please do your own research before taking any trade.
Entering here is good for the risk-reward ratio in the trade.
If the stock doesn't break the parallel channel downside, may rise to the levels of 700/730 or even more in the coming days. For exit, follow your risk management every time.
For learning and sharing purposes, not a bit of trading advice.
Please comment with your views.
