✅ #SCHAND trading above Resistance of 240
✅ Next Resistance is at 290
Charts are 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...
SCHAND:- Ascending triangle pattern has formed, wait for a proper breakout, till then keep an eye on the stock
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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hello dosto namskar maai aapka mitra gyan prakash
aaj ek stock leke aayahu jiska name hai schand jiskaa vartmaan price 177 hai
abhi is stock mai cup and handle paatern bn rha hai jisko isne breakout nahi kiya hia iska beaekout price 205 hai jisko ye jab bhi breakout karega tab iska short & long term traget 300 se 307 hoga dhnywaad
This stock is in the range for last 10months and recently it has given trendline breakout with good volumes,
Can be played for upside move for the target of 133/145 with small stop-loss of 100...
R:R is 1:2
Trade on your risk...
Only for educational purpose....
Live Challenging Stock Market Analysis Buy SCHAND @ 95.25
Target @ 121.20
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S CHAND - STOCK FROM EDUCATION SECTOR.
S Chand recently changed its trend in weekly timeframe and has formed another Higher High. Stock has potential to move towards 170/190 levels.
Stock lacks quality fundamentals with negative ROCE/ROE and EPS. Risky stock so manage risk accordingly.
SL - 60 WCB OR 90 DCB