Breakout Alert: Salzer Electronics Flag Pattern Above 855Asset: Salzer Electronics (SALZER-EQ)
Breakout Level: Above 855
Confirmation: Flag pattern breakout with increasing volume
Target: 900+
Stop Loss: Below breakout level or as per risk tolerance
Timeframe: Short to medium-term
Rationale: Salzer Electronics is exhibiting a flag pattern breakout above the 855 level, indicating potential bullish momentum. Increasing volume supports the breakout, suggesting sustained buying interest. The target for this move is set at 900 or higher, based on the continuation of the bullish trend.
Risk-Reward Ratio: Depends on individual risk appetite and stop-loss placement.
Always perform your due diligence and consider risk management strategies before executing any trade.
SALZERELEC
SALZERELEC - Ichimoku Breakout📈 Stock Name - Salzer Electronics 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 782.
🚨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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Salzer Electronics Ltd - Long Setup, Move is ON...#SALZERELEC trading above Resistance of 679
Next Resistance is at 904
Support is at 540
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
SALZERELEC - Ichimoku Bullish Breakout Stock Name - Salzer Electronics Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 335
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Salzer Electronics LimitedSALZERELEC:- Stock has shown recovery by forming V shape pattern. 319 then 330 is buy price, with strict stop loss, Volumes are also being seen good,
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.
Breakout in Salzer Electronics Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
#APOLLO APOLLO #WHIRLPOOL #BAJAJELEC #TVSELECT #APPLIANCES #NSEApollo Micro Systems Ltd.
NSE:APOLLO
NSE:APOLLO
CMP: 125
Target: 140
SL: 115
Time Frame < 3months
Risky but profittable 12%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia