PIRAMAL PHARMA (1W TF) - Swing Trade Analysis given on 5th May, 2024 Pattern: CUP & HANDLE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
📊 DETAILS Sector: Plastic Products Mkt Cap: 1,113 cr Prakash Pipes is engaged in the manufacturing of PVC pipes & fittings and packaging products. It was incorporated in June 2017 created out of a demerger from Prakash Industries Limited. TTM PE : 14.98 (High PE) Sector PE : 76.92 Beta : 1.09 📚 INSIGHTS Strong Performer Stock with...
Entry: above 425 SL: weakness below 402 Targets : 490/540 Setup Invalid : If price goes below 382 ● Pattern: VCP ● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. ● Price went up around quick 80% in span of 6 days in October ● After that, price moves sideways forming Higher Low's and Lower High's
In recent chart analysis, PPL Corporation (PPL) appears to be crafting a classic Cup and Handle pattern, signaling exciting possibilities for traders seeking a bullish trend reversal. However, it's essential for traders to exercise prudence, considering historical performance, market conditions, and risk management strategies to ride the potential upside wave in...
PRAKASH PIPES as per daily chart analysis stock above 153 for a target 156. Resistance at 157
Triangle pattern in Prakash Pipes Ltd. Wait for the breakout with high volume.
PPL creating cup and handle pattern in 15 M time frame. Now it is trading aroud it's resistance ie 163 if it will break this level with HIGH VOLUME then you can take entry arount 164 for swing trade. Targets are 170, 188, 200 and the SL 160. you can enter here for 2:1 RR .
Important levels marked on the chart. NSE:PPL Education purpose only.
#MAXHEALTH NSE: MAXHEALTH CMP 244.90 Target : 271 SL 228 RR Ratio > 1.5 Time Frame < 45D Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
As we are going towards 100 followers :) which I didn't even expect can happen so fast :) Thanks to all OK so now talking of charts !! Pipes and pumps are buzzing and such good trades cant be missed by u all !! Definitely plan it as per your risk and trade it like a trader :) Targets can be near-term fibo extensions or even long-term fibo ext as it's trading on...
PPL on a daily chart trading inside an ascending parallel channel for sometime. It has taken resistance 3 times in the upper resistance. If it breaks the upper trend line or resistance, it can move towards 180 levels. Please do your own study before investing.
Can be watched out for next week ztarting 15/03/2021.. Seems Darvax Theory applies too.. As soon as it comes out of box , can give 15-20% move !!! Stop Loss is Small.. Lets see , if market is positive and mometum comes.. will buy for trading purpose !!! Apollo Pipe and other companies making new 52wk high is also helpful for PPL..
PRAKASH PIPES LTD:- INVERSE H&S BREAKOUT + ATH BREAKOUT WITH HUGE VOLUME (CMP 116) TARGETS 180 AND SL 76DCB #Disclaimer:-I just shared view for only educational purpose.