POKARNA going through a tight consolidation upside move possiblePOKARNA stock is going through tight consolidation in a bullish pattern on daily charts
promoter's holding is stable
FII's increased there position in this stock in September month
quater result expected good
1000 is a strong support am expecting a good upmove from this levels
entering in this stock with strict SL of close below 20 MA
**Disclaimer:** This information is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a financial advisor before making investment decisions.
POKARNA
POKARNA - Ichimoku Breakout📈 Stock Name - Pokarna Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 923.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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$POKARNAPrevious run up 6.5x and after basing for 2years, now ready for next leg up.
Already moved up 15% from Pivot point at around 600, but all is not lost since the ATH is at 765 NSE:POKARNA Previous run up 6.5x and after basing for 2years, now ready for next leg up.
Already moved up 15% from Pivot point at around 600, but all is not lost since the ATH is at 765
POKARNA LTD. | Change Of TrendPokarna Ltd. has been in a downtrend for quite a bit, but this week it is breaking the structure of the downtrend and shifting to an uptrend.
Buy Eligibility will require
I. The price to close above 420
ii. The high of this week is to be broken.
The chart is for educational purposes, and trade as per your analysis.
POKARNA - Ichimoku BreakoutStock Name - Pokarna Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 464
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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pokarnaNote:
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BUY OPPORTUNITY FOR SWING TRADERS AND INVESTMENT - t 400Upwards trend since the results were announced. Volume spike may happen anytime for a quick rebound to ATH
Pokarna Ltd is engaged in the processing and export of granite in different colours. The product range of the company includes Slabs,Tiles,Rough block and Cut to size..
The company also in the business segment of Apparel, Granite.Net Sales at Rs 92.08 crore in March 2021 up 3.46% from Rs. 89.00 crore in March 2020.
Chart study - Not a Call
FY21-22 Swing Trade Idea #40: Long on POKARNAThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.