NSE:SUPRAJIT cmp 421.70 ready for the big move The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is...
NSE:SUPRAJIT is on the verge of a good breakout. This is the weekly chart structure. My recommendation here on the basis of price action is that you need to buy after breakout and keep a stop loss at 445 once the breakout takes place. This will help in safeguarding you as you will only buy on momentum. Consolidation has been good.
📊 DETAILS Sector: Auto Ancillaries - Others Mkt Cap: 5,668 cr Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share...
Chart is self explanatory. 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.
Maximum Downside Placed at 240 Short term stop loss at 270 Entry Price - 300-330 Zone Target - 620-820 Do R&D before taking any trade. NSE:SUPRAJIT
taken entry on suprajit the trade entry was solely due to resistance breakout
1. price is taking support on the levels 2. rsi also may get suppurt on 40 for next candle
Price is currently in continuation state after pullback. Good above 467.25
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.
SUPRAJIT (D):- 430.05 CMP, looks good for more upsides keep track :)
NSE:SUPRAJIT BSE:SUPRAJIT Weekly Chart. Cup and handle formation seen . if it is completed , and give BO-retest set up (PS: chk volume for BO and retest) it can be a good candidate for up move. just for learning purpose , use ur own analysis.
Suprajit Engineering Ltd at the support. take a long position after your won researches.
SUPRAJIT ENG looks breaking into new high on monthly chart. Price need to close above the resistance level indicating clear breakout till this month end October 2021. A fallow up buying thereafter may take the price to new heights. Keep Watching
Suprajit for positional trade Suprajit for positional trade #stocktowatch #stocktotrade
Suprajit Engineering chart analysis for intraday and swing trading
The stock is in momentum and is expected to reach the targets shown on chart.
Triangle breakout in Suprajit Engineering Limited...