Reason for position: Taken support on 200 Moving average taken support on previous low line triangle Trend line break Good results Entry : CMP or 235 target : 276 or 15% Stoploss : 226 or 4.5% RRR: 1:3
probably head & shoulder in making if doesn't go below 192. If continue to stay above 230 on wcb targets 338 - 415 - 495
Buy @250, SL-246, TGT-255 Sell @244, SL-248, TGT-239
The stock was moving in an ascending channel for a few weeks now, making higher highs and lower lows. Traders can buy the stock at cmp as it has broken above the upper channel line of an ascending channel. The move was well supported by significant rise in volumes, which confirms the authenticity of the breakout. Considering the weekly charts, the next...
#Watchlist #PHILIPCARB:- 269CMP, Looks good for more upsides :) 1) BREAKOUT DONE 2) VOL. BREAKOUT #Disclaimer:-I just shared view for only educational purpose. #Stockmarket #PHILIPCARB
Daily Chart #PHILIPCARB NSE: PHILIPCARB CMP 242.50 Target : 296 SL 222 RR Ratio > 2.5 Time Frame < 60 D ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish...
PHILIPCARB:- BUY AT CMP 200 TO 180 TILL Accumulate For 275,350++ With Stop Loss 165 DCB
Phillips Carbon - Weekly Self explanatory chart and by Fib Retracement 205→235 are on cards
Note: This is for educational purpose only. There is a bullish engulfing at support of ascending triangle. Bullish engulfing is shown in volumes as well. RSI above 60 indicates bullish momentum.
PHILIPCARB (Phillips Carbon Black Ltd) BUY ABOVE 184.2