Get started

PRINCEPIPE

PRINCEPIPE | Swing Trade📊 DETAILS Sector: Plastics - Tubes/Pipes/Hoses & Fittings Mkt Cap: 8,121 cr Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR. TTM PE : 36.95 (Average PE) Sector PE : 76.67 Beta : 0.78 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 4.60% away from 52 week high Underperformer - Prince Pipes & Fittings up by 7.26% v/s NIFTY 50 up by 7.76% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:PRINCEPIPELong
by Munish_Jain
1
Prince Pipes Turning Around1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a long consolidation NSE:PRINCEPIPE is showing signs of upward movement, buy with a stop at ₹620. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:PRINCEPIPELong
by akashbothra
PRINCEPIPE's Breakout and Divergence: A Winning Trade Setup!PRINCEPIPE recently experienced a breakout with significant volume last month. Now, if we examine the weekly chart, we can observe that the price is currently testing the breakout level, which previously acted as resistance. At present, the price is trading near a crucial support area. 📉 Bearish Candles and Volume Divergence: On the daily chart, we can spot six bearish candles consecutively. However, a closer look at the volume reveals exhaustion. There seems to be a clear divergence between the declining volume and the price action. Furthermore, on the weekly chart, despite the intense selling pressure reflected by the red candle, the volume is surprisingly low. 📈 Trade Setup: Considering the current scenario, a potential buying opportunity can be identified at the current level of 640. Placing a stop-loss at 627 and setting a target of 674 offers a favourable risk-to-reward ratio of approximately 1:2.5. Remember to conduct your thorough analysis and consider other relevant factors before making any trading decisions. 🙌 If you found this analysis helpful, please like and comment with your observations. Your feedback is highly appreciated as it keeps me motivated to provide consistent educational content. 🚀📈 Don't forget to follow me on TradingView for more insightful articles and trade setups! 👉 in.tradingview.com Disclaimer: The following analysis is for educational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst.
NSE:PRINCEPIPELong
by AfnanTAjuddin
PRINCEPIPE: Strong Breakout with Rounding BottomPRINCEPIPE: Prince Pipes & Fittings Ltd PC-A = PC-B Exactly Same #WondersOfPC Technicals: • Strong retracement from lower support of PC-B • Script is respecting the Parallel Channel levels at every levels • Last candle's close above 580 is conforming the BO for Midline of PC-B • Taller green towers in volume indicating support for stronger breakout, and Rounding Bottom • RSI entered in 60 Zone • Rounding Bottom Pattern Levels for positional trade: Entry levels: Opening above 600, CMP Target: 1st, 640, then 700 SL: 559, Closure below 559 will invalidate this upside view in short run
NSE:PRINCEPIPELong
by ChartSarathi
FY21-22 Swing Trade Idea #201: Long on PRINCEPIPEThis 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.
NSE:PRINCEPIPELong
by onerighttrade
2
Prince Pipes Fittings Ltd: Something big is about to happenHere is an interesting one. One of my favourite thing to see in a chart is one formation leading to the development of another formation. Here, on the daily chart, Prince Pipes formed a perfect Flag and Pole Pattern with higher volume in pole formation and lower volume during Flag. It gave a breakout of this pattern and retested the level. In doing so it formed an Inverted Head and Shoulders Pattern and gave a breakout of this Inverted Head and Shoulders pattern with volume. Two bullish pattern breakouts are seen in Prince Pipes. After 4 months Prince Pipes is finally ready to give us a rally. Target 1: 800-805 Target 2: 865-875 Target 3: 1080-1100
NSE:PRINCEPIPE
by Aditya_Pal_Singh