Trading Opportunity: Kabra Extrusiontechnik (Daily Flag BreakoutStock: NSE:KABRAEXTRU
Pattern: Flag Breakout (Daily Chart)
Type: Short to Medium-Term Trade
Trade Details
Buy Level: ₹513
Stop-Loss: ₹485
Targets:
₹527
₹543.35
₹555.60
₹570.05
₹584.35
Final Target: ₹597.50
Risk-to-Reward Ratio: 1:3
Analysis and Rationale
Kabra Extrusiontechnik has formed a classic flag breakout pattern on the daily chart, signifying a strong continuation of the ongoing uptrend.
Entry Level: ₹513 aligns with the breakout confirmation.
Stop-Loss: ₹485 protects against invalidation of the setup.
Targets: Derived based on measured moves and prior resistance levels.
Key Observation s
Trend Continuation: The flag breakout indicates bullish momentum.
Risk Management: Attractive risk-to-reward ratio of 1:3 enhances trade viability.
Scaling Out: Partial profit-booking at intermediate targets is advised.
Disclaimer
This analysis is for educational purposes only. Trading involves risk; consult a financial advisor before making investment decisions. Always trade within your risk tolerance.
Salzerelectronics
Trading Opportunity: Salzer Electronics (On-Neck Breakout)Stock: NSE:SALZERELEC
Pattern: On-Neck Breakout (Weekly Chart)
Type: Medium-Term Trade Opportunity
Trade Details
Entry Point: Buy at ₹1411
Stop-Loss: ₹1257
Targets:
₹1486.45
₹1561.90
₹1649.90
Final Target: ₹1739
Risk-to-Reward Ratio: 1:2
Analysis and Rationale
The stock of Salzer Electronics has shown an on-neck breakout on the weekly chart, indicating a continuation of bullish momentum. This breakout is backed by strong price action, suggesting a favorable medium-term opportunity for traders.
Entry Level Justification: ₹1411 is a key level of confirmation where the breakout appears sustainable.
Stop-Loss Positioning: ₹1257 serves as a strategic stop to protect capital while allowing the trade room to develop.
Target Projections: The targets are calculated based on historical resistance levels and measured moves post-breakout.
Key Observations
Bullish Momentum : The on-neck breakout signifies buyer strength, hinting at further upside potential.
Volume Confirmation: Monitor trading volume, as increasing volume can further validate the breakout.
Medium-Term Horizon: The trade is structured for medium-term gains, ideal for positional traders.
Trade Plan
Risk Management: Maintain discipline by adhering to the stop-loss to ensure controlled risk.
Scaling Out: Consider partial profit-booking at intermediate targets to lock in gains.
Monitoring: Regularly track the stock’s performance to adjust levels if market conditions change.
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.
SALZER ELECTRONICS - DAILY CHART - 16.08.2022 - BAHAVAN CAPITALSALZER ELECTRONICS Daily Chart Analyis
Above 239 Target 254 / 264
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