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Rangebreakout

#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSHARDA CORP Recently Stock shown some good move and then Consolidating in a range from feb Volume almost dried up during consolidation. Also took support from 50DMA Now After Range breakout on chart above 585 levels again price retracing Could be a good bet to buy for targets of minimum 660 Keep watch list for Intraday also, use 5min chart for Target and Sl levels based on support and resistance Also Stock can be hold for midterm to longterm also ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
NSE:SHARDACROPLong
by Jordan_n-
Possibilities of big breakoutWith quarterly sales increasing by 42% and quarterly profit increasing by 68%, BSE:JASCH posted good set of numbers. This share is in a trading range since Jul'21 and now looks like it's ready for a breakout. RSI is also breaking out of it's range which confirms bullish trend. If it breaks Rs.174 with big volumes and stays above it, one can buy with a stop at or below Rs.150. It's better to wait for 3:15 before buying to understand if it is coming down or closing near the top. A close near the top proves it's strength. Other Fundamentals: - 1. Average ROE for last 5 years above 15% 2. TTM sales growth at 72% and TTM profit growth at 136% 3. Borrowings came down from Rs.23cr to Rs.3cr since Mar'19 4. Debt to equity at 0.04, Interest coverage ratio at 47.9 and ROCE at 24% 5. During FY21, the Co was able to improve the drying speed of PVC coated fabrics in its existing ovens, as a result of which the installed capacity of PVC coated fabrics being manufactured has increased from 78 lakh metres to 94 lakh metres p.a. 6. Some of the major clients of the co include Puma, Red Tape, Bata, Mahindra, Walmart, Calvin Klein etc. 7. The company has recently modified its production lines, which has resulted in development of some new products with significant saving in power and fuel. The company has been concentrating on PU resin and PU Synthetic Leather where the competition is less.
BSE:JASCHLong
by akashbothra
LINDEINDIA - Darvas Box Breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Linde India was analysed previously on 05th Jan as well. Checkout the linked idea to understand better The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:LINDEINDIALong
by TradewithAditya
Balajitele - Range Bound - Range BreakoutNSE:BALAJITELE BalajiTele View : Bullish Shortterm - Medium Term - Long term Structure : Range Bround Range Breakout: Traders can enter in the direction of a breakout from a trading range. To confirm the move is valid, Traders can use other indicators as per thier own wish. Observation: 1. Range Breakout @ 75.00 2. Double / Multiple Bottom 3. Multiple support between 57 -58 indicates Balajitele can break the Upper range. 4. Range broken at 75.00 CMP 77.00 (7th February 12.40) View: Buy between 75 - 78 Stop Loss: 69.75 for long term Target 83 - 89 - 92 - 96 - 95 - 100 + + + +
NSE:BALAJITELELong
by FalgunPrajapatiTrading