QUESS CORP By KRS ChartsDate: 23rd July 2024
Time: 7:20PM
Why Quess Corp?
1. Fundamentally Good Company with decent P/E Ratio.
2. Since Quess Corp listed it, movement is sideways within specific range if we check bird view of it.
3. According to Dow Theory, it was making LH LL (Downtrend) but very first time in 2023 it made Higher Low and moving continuously upside and now sustain price near All-time resistance.
Once it Break this resistance there is Buy Trade for Quess Corp for new Higher High ~1000Rs.
And for Early Entry individual can enter small Qty at current price with SL of 591 Rs.
Quesscorp
Potential Channel Breakout: Quescorp Holding for 1000Details:
Asset: Quescorp (QUESCORP)
Breakout Level: Watch for breakout above 1000
Current Market Price (CMP): 860
Potential Target: 1000+
Stop Loss: 770
Timeframe: Short to medium-term
Rationale: Quescorp has taken strong support at 795 and is currently trading at 860. If the stock breaks above the 1000 level, it could signal a channel breakout, potentially leading to further bullish momentum.
Market Analysis:
Technical Setup: The stock has established solid support at 795 and is now eyeing a potential breakout above 1000. If it crosses this key level, the channel breakout could drive the price higher.
Hold Strategy: The current market price (CMP) of 860 suggests holding the position with an eye on the 1000 breakout level.
Price Target:
The immediate target is 1000 based on the potential channel breakout. If sustained, further upside could be seen beyond this level.
Risk Management:
A stop loss at 770 is essential to manage risk, especially if the support at 795 does not hold or the breakout fails to materialize.
Timeframe:
The move toward 1000 is expected over the short to medium-term, depending on market momentum and the stock’s ability to break through resistance.
Risk-Reward Ratio: The risk-reward ratio is favorable with a stop loss at 770 and a potential breakout target of 1000, offering a clear path for managing both risk and reward.
As always, perform thorough analysis and consider market conditions, company performance, and risk management before making trading decisions.
QUESS CORP - Swing Trade Analysis - 2nd July #stocksQUESS CORP (1M TF) - Swing Trade Analysis given on 2nd July, 2024
Pattern: 24 MONTH BREAKOUT
- Volume Buildup at Monthly Resistance - Done ✓
- Continuous Pullback from Monthly Support Trendline - Done ✓
- Demand Zone Retest & Consolidation - In Progress
Please Note:
- Partial entry to be taken and then build into the position as it goes in your favour
- Use a trailing stop loss to better your RR
* Disclaimer
Short term trading opportunity in Quess Corp.Hi,
An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:QUESS
MACD on daily, and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
QUESS - Ichimoku Breakout📈 Stock Name - Quess Corp 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 626.
🚨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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Quess Corp AnalysisAfter the recent fall in Mid Cap and Small Cap stocks across all counters in the Indian Stock Market, we're now anticipating a good reversal in the Mid-Small index as well as stock for the new financial year.
Thus, here's Quess Corp for April Month.
CMP- 527
Target- 600, 650 and 678 (Short, Mid and Long respectively)
Stoploss- 453 (Trailing)
Duration- Short term to Long term, based on your research, goals and advise from Financial Advisor.
let me know what you think :)
QUESS - promising setup, worth looking into for 2X returnsNSE:QUESS
cmp 556
It seems like a promising setup, worth looking into
this has potentail to give 2x returns in coming months
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
QUESS CORP LTD: Good for Long term 1 to 2 years CMP: 500.05This stock is currently trading almost 48% less than it previous high of 963.40 it reached on 17th Sep 2021. From this level it a low of 337.55 on 28th March 2023.
The Stock found strong support at these levels which happens to be the Monthly Institutional Buy zone. On 29th March 2023over 10.39 million shares were traded compared to a 30day average volume of around 556k shares. Clearly indicating value buying.
The stock has since moved in a Cup & Handle pattern and also broke out of the falling trendline and further consolidating in the 400/- to 450/- levels.
It broke out of the resistance level of 458 - 460/- range touching a high of 527.30 on 23rd Nov 2023 which was also its first Target price.
All major Indicators including MACD, RSI, Momentum and Choppiness indes in the Monthly chart are showing positive signals.
Conclusion: The ideal Entry Point will be in the 437 to 450/- range however one can start buying 460/- levels with a long term ( 1.5 to 2 Years) target of 835/-
TRENDLINE BREAK IN QUESSHello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied.. According to me, an up move of 40-50 % can be expected in QUESS.
Keep trading ❤️
Hustle hard ✅
Quess Corp Ltd (W) now at Good Demand ZoneQuess Corp Ltd (W) now at Good Demand Zone.
Below it formed Inverted Head & Shoulder after breakout its again came to Demad Zone it will bounce back sharply to 20%
Target : 960+
SL : 690 WCB
Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.
QUESS - New ATH soon! Key Highlights:
1. Bullish market structure on HTF
2. Broke above the horizontal level
3. Support from 200 MA
4. Good volume buildup
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst