ZUARI AGRO CHEMIUCALS#ZUARI
1- Basing Pattern
2- Eight wave structure done
3- Volume buildup Keep on Radar.
4-Entry closing above 220* or restest
5-Target - 250
Swing trade (short term) alert
Zuariglobal
ZUARI GLOBAL LIMITED | Good for Long NSE:ZUARIGLOB
Cmp : 192.6
Try on Pullback near 190
#Study, Learn & Earn.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
Zuari Global Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend
High volume breakout on NSE:ZUARIGLOB . Buy with a stop loss just below Rs.157.
Positives about the company: -
1. Stock is trading at 0.18 times its book value
2. Market value of investments Rs.1824.02 Cr. is more than the Market Cap Rs.500.47 Cr.
3. Losses are continuously coming down
4. Promoter stake increasing since Sep'20 (from 54.83 to 56.95)
Zuari Global: Swing Trade IdeaForming a perfect symmetrical triangle and has tried to break through multiple times. Even though the market was bearish in the last few weeks, the stock has held its position.
Entry: 144
t1: 153
t2: 161
t3: 170
SL:131.9
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Maverick Trader
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Zuari Global Bullish BiasStock is poised for a upmove
Stop Loss 140s levels
Target >178s levels
Stock is reversing from Fib .618 levels an important zone with a hammer candle confirmation followed by Doji and gave a strong closing
