Double Bottom Breakout - WINDMACHIN📊 Script: WINDMACHIN
📊 Sector: Capital Goods-Non Electrical Equipment
📊 Industry: Engineering
Key highlights: 💡⚡
📈 Script is giving Double Bottom Breakout on daily chart, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 180
🟢 Target 🎯🏆 - 199
⚠️ Stoploss ☠️🚫 - 174
⚠️ Important: Always maintain your Risk & Reward Ratio.
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WINDMACHIN
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalWINDSOR MACHINES
Chart making rounding bottom continues uptrend
Buy at CMP or above 45 levels with SL of 33 on weekly closing basis
for targets of 55 / 70 / 130.
Stock also looks good for long term
Comapny manufacturing plastic processing machinery,
And almost Debt free company
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
WINDSOR MACHINES BREAKOUTNSE:WINDMACHIN gave a breakout after a bullish trend, forming a flag pole pattern.
The volume expansion looks very bullish and the candlesticks before the breakout are very narrow in range.
The stock is currently consolidating, for the next leg up. It may however retest the trendline because of weak Indian markets but the momentum looks too good. If the stock moves above 45-47 levels, a fresh rally could begin.
Viewpoint is purely technical, fundamentals of the stock are not accounted for.