This is weekly chart of ATUL on NSE (INDIA) which looks an excellent investment idea based on following observation:
1. It is up trending scrip which is quite obvious by looking at chart. CMP is 3304.65)
2. Two trendlines have been drawn which have been tested many a times exhibiting multiple supports (shown by arrows)
3. Dividend has been paid in July 2018 (Rs...
The analysis is based on weekly chart. It looks that enough consolidation has taken place in Havells and scrip is all set to move up. In support of this view, following supportive evidences on chart have been observed:
1. In last three weeks, bears tried hard to push the price lower but it has recovered sharply forming pin bars. It is also observed that price has...
Entered on 27 July 18 on 1694.10 with a stop loss at 1618.30
TSL 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% update on 01 Aug 18 from 1618.30 to 1686
TSL 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% update on 14 Aug 18 from 1686 to 1860
Current Trailing Stop Loss: 1860
In case of hitting Stop Loss confirmed profit: 165.9
Company With Good Fundamentals Having a Good Continue Uptrend Which Is Going To Breakout it's Own New High Level's,
It's Above The 15 EMA & 180 Simple Moving Average Line. Expecting A Huge Movement From This Point With A Target Profit @ 720
& A Stop Loss @ 578.