SHOPERSTOP - Bullish Momentum with VolumesNSE: SHOPERSTOP is closing with a bullish momemtum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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SHOPERSTOP
SHOPERSTOP - Ichimoku Bullish Breakout Stock Name - Shoppers Stop 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 689
#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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Target 3 achieved in Shoppers Stop. Gain of 86%. Target 4 is ON.This is follow-up on Shoppers Stop. Can check link to related ideas.
Target 3 achieved. Gain of more than 86%. Target 4 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.
Target 2 (54%) achieved in Shoppers Stop. Target 3 is ON...This is follow-up on Shoppers Stop. Can check link to related ideas.
Target 2 achieved. More than 54%. 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.
Target 1 (36%) achieved in Shoppers Stop. Target 2 is ON...This is follow-up on Shoppers Stop. Can check link to related ideas.
Target 1 achieved. More than 36%. Target 2 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.
SHOPERSTOP Make or BreakShoppers stop is close to the resistance zone , it's a strong resistance zone tested multiple times since March'2020. One can consider buying it at a close above 226 with good volumes, stop loss as 190 and target of 270,300,322++.
Disclaimer: Please trade on your own discretion, this is personal view and no recommendation to buy or sell.