CMP ₹. 160.6
PTC India Ltd is a public - private sector holding company engaged in the trading of power who has got permission to trade unlimited volumes from central electricity regulatory commission. Eventhough fundamentals looking not good but financials are improving. Revenue and net profit increasing . Debts will get reduced if the proposal for...
Monthly breakout on cards and very close to reach it's previous all time highs. Keep adding with weekly SL of 120rs. Huge potential considering the India growth story. Dividend is another add-on. Holdng is the key for next 2-5 years for minium 2-3x returns.
PTC is about to Break out and Buy Above 84.15 and Target 102.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend...
PTC India Financials is at breakout level.
It has been consolidating since July'20 and now volume supports the breakout.
RSI has already given breakout on weekly timeframe and is at 61 level.
MACD is very positive.
Good returns are awaiting here
Disclaimer: This is not any kind of recommendation but for education purpose. Pls invest at your own risk.
PTC : Good buying can be seen
- Filtered from Strategy#2
- near demand zone (till 97)
- near suport line
- anytime we may see reversal here
- 90 can be good support
- R:R favorable
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before...
PTC India Financia had taken a reversal from its triangle bottom, so give an entry with appropriate Stop loss after the breakout from the zone
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give...
DAILY SWING CALL // Wednesday 7th of April 2021 / NSE:PTC
// 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: 83.65
TARGET: 96 (15% Around)
One can watch out for next level in 3 digits 1st target 109 in its 3 digits journey as suggested for by Fib retracement levels. Idea is good for positional view. Entry on closing above 97. Please HIT the like if you agree and want more analysis in future. also you can discuss more !!