Chart showing very good pattern in TIRUMALCHM.. Breakout already happend.. Two positional targets are 260 and 280
1. Price formed Big Round Bottom pattern from Jan 2018 to Sep 2021 2. Stock rallied 40% after breakout from big round bottom pattern. 3. Price retraced to breakout zone and trading at support. 4. Also, price took support at EMA 20. Good Opportunity for Swing trade with long setup - good R:R 2.7 Entry: 246-250 Target: 335 SL: 213 (Weekly Closing Basis)
The analysis is done on daily TF hence price may take few days to few weeks or even months in order to reach the targets. Trade setup is explained in image itself. 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...
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.
This is follow-up on Thirumalai Chemicals. Can check link to related ideas. Target 1 achieved. More than 21%. 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....
Thirumalai Chemicals consolidated net profit rises 3384.36% in the March 2021 quarter. Net profit of Thirumalai Chemicals rose 3384.36% to Rs 84.67 crore in the quarter ended March 2021 as against Rs 2.43 crore during the previous quarter ended March 2020. Sales rose 37.46% to Rs 386.76 crore in the quarter ended March 2021 as against Rs 281.37 crore during the...
Multiple Year Falling wedge Cycle completion. Buy on Dip. Targets on Chart Note: This analysis is only for educational purpose.
see monthly and weekly and daily charts for refrence and volumes very very very good breakout with very high volumes..
This 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...
This stock has been one of the biggest gainers in the past 18 months or so. The price action over the past few weeks is however suggestive of distribution or selling by the smart money or the composite operator as Wyckoff would term it. Look at the volume signature near the highs and the subsequent price action. Doesn't look too promising to me. If you own the...
Chart looks weak. May test 1200-1150 . SL would be 1290 on closing basis