Refex Industries fire work started🌿🍂buy @ 140 -145 range
trgt 170-200-300+
not a buy recommendation,study guys🙏
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹retested breakout level and expecting more upside.
🔹interesting business
🔹Company has delivered good profit growth of 50.40% CAGR over last 5 years.
🔹Company has a good return on equity (ROE) track record: 3 Years ROE 56.53%.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
ABOUT THE COMPANY🍂
Refex Industries is engaged in the business of refilling of eco friendly Refrigerant Gases. The Company's portfolio consists of trading and re-filling of Refrigerant Gases. The Company is also into the sale of Electrical Energy based on the generation of power and Sale of Solar Accessories and Job service related works etc.,
Thank You.💚
Like🔹Comment🔹Support
Retest
healthy Breakout with heavy volumeEntry - 93
Stop loss - 85
Trgt 1 - 107.5
RR ratio - 1:2
Medium term trgt- 140
Swanenergy is getting ready for BONSE:SWANENERGY
Hello guys, as the supply zone displayed, it has been noticed that that area has been continuously tested and buyers failed to move the stock price above the resistence level.
The lower trendline has been acting as a demand zone from quite a while and while moving upwards it is forming a narrow wedge like pattern. One can take an entry on a closing of candle on a daily basis above the supply zone/resistence, or when the stock is retesting the supply zone after an upmove.
SL should be kept 2% below the supply zone and trail it on every 5% targets.
Thanks guys and share it as much as possible.
WELSPUN- Multi year breakout, buy on retest1) Bullish structure with Higher high and higher lows.
2) Gave a 5-year breakout on 112-113 levels with good volume expansions.
3) Chart is buy on supertrend since march 2020 with increasing relative strenth compared to benchmark.
4) CMP is ~ 140, wait for retest at 112 for confirmations and long positions.
5) Potential Target ~ 209, potential returns 83%
6) Stoploss could be 90~100.
#VGUARD .. Watch for bounce back from supportVGUARD is a fundamentally strong company. It has come out of a 4 year long consolidation in range and has given a breakout with retesting completed.
Currently the price lacks momentum however, current structure is very bullish and can easily resume moving upwards during next week.
VGUARD has almost 2X twice after giving similar breakouts. See below -
LINDE INDIA CUP AND HANDLE CHART PATTERN- Bullish Trend SoonThe following chart shows the CUP and HANDLE Chart Pattern of Linde India, Expect a Bullish Reversal Soon. A perfect Rounded Bottom was Converted into a Cup And Handle Pattern, giving more clarity towards the overall trend.
Make sure to Place your stop losses correctly, because last year we have seen a huge rally in this Stock. The Monthly Charts show a Perfect Evening Star. So make sure to go somewhere between Mid and Long Term.
Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Trend reversal breakout & retest!Long term bear trend line broken and retesting the trend line.. Waiting for trend reversal in LTF.. Expected reversal in 0.5 Fibonacci levels..
Will add for long term in my portfolio..
Chart is just for learning purpose, not a recommendation for buy or sell..