PRSMJOHNSNPRSMJOHNSN:- The stock is going to give a breakout after 5 years. It has also given a breakout. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
PRSMJOHNSN
PRSMJOHNSN For Swing TradingPRSMJOHNSN Prediction for Swing/ Posional Trading
Entry 1 was at 150. This level almost retested. You can enter into trade above 167 or you can entry according to your experience.
Sls- according to you RRR.
Targets- 175,186,195,205,214,224,232,242,…(more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About PRSMJOHNSN –
Prism Johnson Ltd. engages in the manufacture and marketing of cement, ready-mixed concrete, and tiles and bath products for kitchens. It operates through the following segments: Cement, Tile and Bath (HRJ), Ready Mixed Concrete (RMC), and Insurance. The Cement segment manufactures Portland Pozzolana cement for the construction industry. The HRJ segment offers tiles, sanitaryware, and faucets. The RMC segment sells ready mixed concrete products for architectural and decorative applications. The Insurance segment provides general insurance and reinsurance products. The company was founded on March 26, 1992 and is headquartered in Mumbai, India.
PRISM Johnson : Breakout Candidate Weekly Chart#prsmjohnsn #flagpattern #breakout
Prism Johnson (Weekly) : Breakout Candidate
>> Short term (1-3 Months)
>> Good Consolidation after a Impulsive Move
>> Flag Structure Visible, Breakout will give Good Upmove
>> Good Weekly Volumes Spurt
>> Good Strength
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Breakout in Prism Johnson...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
PRSMJOHSN is at support can give up to 20% returnsI will buy PRSMJOHSN because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 123
Target : 148
Stop loss : 117
DAILY SWING CALL // Thursday 20th of May 2021 // NSE: PRSMJOHNSNDAILY SWING CALL // Thursday 20th of May 2021 // NSE: NSE:PRSMJOHNSN
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 140
TARGET: 161+ (15% Around)
STOP LOSS: 126 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.