spal break all records of returns for his long term investors SPAL is perfect example of follow technical parameters. That share holds pure trend line breakout holds W pattern and holds life time triple top monthly breakout and above to that holds strong support zone + flag pattern breakout which show that 680 share price
DOUBLE his share price in next 3 to 5 month almost 1200 and my target for that share 2200 in next 2 year
technical points
1- Flag pattern breakout
2- follow trend line breakout
3- triple top breakout on monthly and that is also his support zone
TRG
1st TRG - 800
2nd TRG 1200
FINAL TRG 2200 almost 4 times of his current value in next 2 year may be he will achieved his TRG very early according to my time frame
STOP LOSS 498
SPAL
SPAL - Potential Cup & Handle SPAL looks good fundamentally and considering Apparel stocks are at bright spot in INDIA along with good capex done, this stock will soon reverse from here.
Potentially it looks like a cup & handle formation in coming days.
Targets and Stop Loss mentioned.
***Disclaimer**** : Educational Content - Please do not treat this as an investment advice.
SPAL - Possible Reversal with Strong Volumes on Daily ChartSP Apparels has shown good upmove with strong volumes and Delivery %. Promoter also has sold the shares, not share how the news would react. If the momentum continues then the stock may see good upmove from here.
***Educational Content - Not to be treated as Recommendation ***
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSP APPARELS
Good Positional Stock to invest
Buy at current levels or above 400 levels
for swing targets of 425/450 levels
for short term targets keep SL of 360 levels or hold for long term also
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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spal for shortterm🤍it for shortterm🤍
study then invest🤍
weekly chart 🤍
About the company 🤍
The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products. , Mr. P. Sundararajan is the Chairman and Managing Director of our Company. . The company provides end-to-end garment manufacturing from greige fabric to finished products including bodysuits, sleepsuits, tops, and bottoms.
Target 3 achieved in S. P. Apparel. Gain of 74%. Target 4 is ON.This is follow-up on S. P. Apparel. Can check link to related ideas.
Target 3 achieved. Gain of more than 74%. 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 (43%) achieved in S. P. Apparels. Target 3 is ON...This is follow-up on S. P. Apparels. Can check link to related ideas.
Target 2 achieved. More than 43%. 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 (8%) achieved in S. P. Apparels. Target 2 is ON...This is follow-up on S. P. Apparels. Can check link to related ideas.
Target 1 achieved. More than 8%. 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.
Breakout in S. P. Apparels...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.
One Right Trade's Swing Trade Idea #160 : Long on SPALThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.