PATELENG
PATELENG - expecting 2X profits in the coming monthsNSE:PATELENG
cmp 76
breakout given at 67 which was a good entry point to take position
expecting 2X gains in the coming months
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 58
✅ Next Resistance is at 91
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 40
✅ Next Resistance is at 58
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
PATELENG - Long Setup, Move is ON..NSE:PATELENG
✅ #PATELENG trading above Resistance of 30
✅ Next Resistance is at 40
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
PATEL ENGINEERING: DOUBLE YOUR MONEYNSE:PATELENG broke out and gave a retest from its 30 month old base.
It was in strong downtrend and formed a base, from which it broke out.
The volume expansion is exponentially high, showing increasing interest in the stock.
It is a bit risky to enter 100% of your position at CMP, as may retest the trendline again because of the huge wick in last week's candle.
Wait for some sort of entry signal on daily timeframe and add more quantity on dips. Buy and hold for long term. Could be a potential multi-bagger.
Live Challenging Stock Market Analysis Buy PATELENG @ 13.90Market Analysis
Live Challenging Stock Market Analysis Buy PATELENG @ 13.90
Target @ 22.00
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