Get started

Somanyceramics

SOMANYCERA - Huge potential. Bullish pennant + Huge Cup & handleThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:SOMANYCERALong
by TradewithAditya
Intraday Trade: watch for range breakoutbuy above 950 in intraday and swing keep stoploss 925 for swing For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:SOMANYCERALong
by stockkar
1
Pullback entry opportunity in Somany CeramicsAfter forming a rounding base, Somany Ceramics is now forming a text book pullback pattern with price consolidating in a narrow range above the base. The resistance turned support line has not been violated during this period of consolidation and volume is drying up, just like how it dried up during the base formation. The company is likely to announce it's quarter results in a short while from now and it appears like the market is accumulating the stock in anticipation of a good result.
NSE:SOMANYCERALong
by rbasker