Swing Trading Opportunity in SchaefflerRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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SCHAEFFLER
Schaeffler India Ltd - Breakout Setup, Move is ON...#SCHAEFFLER trading above Resistance of 3493
Next Resistance is at 4551
Support is at 2749.55
Here are previous charts:
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.
Schaeffler range breakoutChart -> Schaffler Daily
Range breakout.
CMP: 3185
Good Range: 3100 to 3185
Target: 3420, 3745
SL: 3055 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
#SCHAEFFLER India, 2515 great place to buySchaeffler India corrected around 32% from the highs of 3953 and now I am waiting it to touch 2515 which is 200 daily EMA support. If you look at the daily chart this stock never touched 200 daily EMA support and it can give good opportunity to people like me to enter with low risk and high reward setup. If I get entry around 2515 then my targets would be 1) 2860 2) 3000(being round number) 3) 3400 with SL of 2140 on daily closing basis. Once second target will be achieved I will offload some qty, bring SL to my cost and keep trailing so that I don't lose any money on the trade.
Always respect risk , happy investing :)
Target 2 achieved in Schaeffler. Gain of 89% Target 3 is ON.This is follow-up on Schaeffler India. Can check link to related ideas.
Target 2 achieved. Gain of more than 89%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.
Breakout in Schaeffler India...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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.
Stock of the week is SCHAEFFLERThis week stock is SCHAEFFLER
CMP: 1851.75
Target : 1935
SL: 1740
Reason:
Stock has been making consistent higher high pattern since 19th Oct 2020 despite the market turmoil we are witnessing in the market
RSI above 50 shows continuing momentum in the daily chart
This analysis is only for education purpose, do your own analysis before investing.
Schaffler India Good Heavy volume Breakout on weekly charts
anyone wanted to buy with good risk reward and positional he/she can start buying from cmp 6569
Happily Add till 6000
SL 5250
Tgts 7000 8000 9000++
If you have good patience it will make your portfolio stronger.
Business area of the company
Schaeffler is actively engaged in innovating and shaping the global pace of change. With innovative technologies, products, and services for CO2-efficient drives, electric mobility, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion and mobility more efficient, intelligent, and sustainable.
Products & solutions
Automotive OEM:
Chassis components and systems
Clutches and transmission systems
Engine components and precision products
Drives for hybrid and Electric Vehicles (EVs)
Industrial:
Rolling and plain bearings
Linear guidance system
Maintenance products
Maintenance services
Mechatronics
Digital services
Automotive Aftermarket Replacement parts for:
Transmission
Engine components
Chassis components
Intelligent solutions for Repair and service points via platforms such as REPXPERT
Schaeffler India - Watchlist - Buy CandidateStock is less than 2% away from 52 week high and has been consolidating within a tight range of 6% for whole of last week. Average 10 day volumes of less than 15k. If stock breaks above last week's high on decent volumes a buy could be initiated with SL 10% away.