The analysis is done on Monthly TF hence price may take few months to even couple of years in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chart shows a bullish engulfing today with good volume. one of the leading brand in its sector and can be held for long, short term or swing trade looks good. slight resistance on the horizontal line near recent high, above that we should see a good rally.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional...
PAGE INDUSTRIES HAS AN AMAZING FUNDAMENTAL AND A GOOD UNLOCKING STOCK PICK
SO ITS A GOOD TIME FOR INVESTMENT/SWING TRADING OPPORTUNITY.
ENTRY PRICE @30,000 (CMP) AND TARGET OF 36,000
KEEP SL AT 28,000
RISK REWARD IS 1:2
DISCLAIMER: FOR EDUCATIONAL PURPOSES ONLY
I will buy PAGEIND because :
It has been taking support at the trend line .
It has touched the support has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 28100
Target : 32250
Stop loss : 26856
buy above 32210 stock has already broken a range around 31200
but keep qty less as this stock is not very liquid.
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level...
