SURYAROSNI Trading Within Fresh Demand ZoneSURYAROSNI is currently trading at ₹554.7, positioned within its demand zone between ₹565 and ₹553.5, identified on 9th August 2024. This fresh zone has not yet been tested, indicating potential buying interest if the price stabilizes within this range. Investors may consider monitoring this level for signs of support, which could trigger a rebound opportunity.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Suryaroshini
SURYA ROSHNI for 60% (approx..) GainSURYAROSHNI is showing cup and handle Breakout on weekly chart. fundamental is also good. check on ( www.screener.in ) Volume is also good.
CMP : 975
TG : 1400
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
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Disclosure : Going to Hold
Surya Rosni - Results on 25 MayThe stock has undergone deep correction. The annual results are expected to be good as compared to the last year considering good performances in quarters. The target selection is moderately identified as the stock may move in trend to reach around 600 until the result date.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSURYA ROSHNI
On daily chart looks base formation and Uptrend will start
Buy above 467 levels for 8-15% targets
Keep SL at 440 levels
Keep Short term View & follow Strict SL as its Risky Call
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Suryaroshni - Morning Star vs Gap Fill All levels drawn on chart.
111 is the major support and 122.5 is the resistance - can zoom out and see the Fib retracement levels.
Positional Trades:
Go Long at 117 for 118.5, 120.5, 122.5 with SL at 114.5
(For the Morning Star hypothesis to be true, it should gap up and open in 116-117 if not higher)
Or
Short below 114.5 for 113, 111 with SL at 115.5 for the Gap to get filled.
Medium Term Investment Pick: SuryaRoshiniStock has broken Weekly Resistance. Had nice impulse move on Daily chart. Stock is on important ichimoku turn date, Price action confirms the same. Don't Rush and Buy this at CMP 262, wait for Retracement towards Zone 246_229
Look to enter Positional only between 246_229, Impulsive move lasted for approx 70 INR, expect same harmonic movement from this Buy Zone to complete minimum AB=CD, Also remember stock has broken Weekly Resistance.
This could be next wealth creator :)