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SPENCERS

#APOLLO APOLLO #WHIRLPOOL #BAJAJELEC #TVSELECT #APPLIANCES #NSEApollo Micro Systems Ltd. NSE:APOLLO NSE:APOLLO CMP: 125 Target: 140 SL: 115 Time Frame < 3months Risky but profittable 12% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:APOLLOLong
by Rachit_Sethia
SPENCER Long term _ Risk free SpencerOn the longer term weekly charts, the price is showing a break out from its major resistance zone at Rs 97-100. This zone is the 52-week high and it shows that the stock is reviving from a major accumulation phase. Appearance of a series of green candles in the last several weeks show buyers are in control of the price action. On the daily time frame, price is emerging out of several days of sideways action. This is the bump before the push. The entire selling pressure seen in the stock is getting absorbed. Spencer’s Retail could be a major winner in the weeks to come. The analyst recommends buying with a stop loss placed below Rs 87. He has a target of Rs 140-160 on the stock for the next 6-8 weeks. this is just an idea provided.
SLong
by dipat