WHIRLPOOL
WHIRLPOOL - watchout for weekly close above 1680NSE:WHIRLPOOL
cmp 1621
keep an eye for weekly close aoe 1680-1700.
should perform well above this price and can give quick 20-25% gains
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 consistent with your studies.
WHIRLPOOL: 5 YEARS OF NO GAINSWhirlpool: now at the same levels last tested in 2017–2018, i.e., 5 years: net net market cap gains+ 0
the promoter sells around 23% in open market as can be seen ie parent company now holds only 51% stake from earlier close to 75%
such underperformance is to be worried about and at same time, if promoter selling such huge stake despite stock being down by around 55% from its all-time high zone, that speaks a lot in itself
Long Setup in Whirlpool of IndiaAn On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:WHIRLPOOL
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
Whirlpool of India, showing signs of uptrend after double dojiAll the details on the chart itself
Whirlpool of India showing signs of uptrend.
1. near hard support line
2. breakout after double doji
3. target 1 marked
4. target 2 marked
5. stop loss marked
possible 9% and then 15 % target
Uptrend started
Whirlpool of India Ltd strongup trend 1846 1865 1960Whirlpool of India Ltd (WHIR) TARGET 1846 1865 1960
Hi all yesterday whirlpool volume increase with huge price also increase, now it crossed 200EMA ready to go for long in this stock. Open Interest increased 45%.
Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
WHIRLPOOL BREAKOUTWhirlpool of India looks good on weekly charts given breakout on strong horizontal resistance trendline and gives a strong close above Bollinger upper band both breakout indicating good up move coming this stock, created strong pattern on weekly chart.
CAUSE OF LONG-:
1- Breakout on horizontal resistance trendline
2- Breakout on upper Bollinger band
WHIRLPOOL - Hammer/Morning star has formed (12/27)WHIRLPOOL has formed hammer today, if the price moves up then the formation of Head for inverted H&S should form and the price might move up again.
+Deliver is 35.76%
+RSI is weak but if there is a strength in next two days in RSI the price should move up to complete the formation of Head.