NSE:AEGISCHEM Multiyear Year Breakout with high vol. Can expect huge upside in the upcoming months. Must add in your watchlist
Core Business: Aegis Logistics Limited is a prominent player in the oil, gas, and chemical logistics industry. The company specializes in the storage, handling, and distribution of liquefied petroleum gas (LPG), liquefied natural gas...
Ageis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors:
1. RSI is improving, sustainable above 60 will make it bullish
2. MACD is positive
3. Volumes is increasing
4. Highest ever TTM Net profit
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Aegischem is trying to give ATH breakout with cup and handle pattern
Stock has risen after a bear trap. A breakout here will open new highs for the stock.
Stock has decent fundamentals to support
Aegis Logistics is in the business of import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG and chemical products.
India’s leading oil, gas, and chemical logistics co. operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and LPG gas stations to...
AEGISCHEM looks fantastic for a swing trade opportunity. Expecting a good upswing which can catapult the stock to 500+ levels.
It is currently at retest zone, ready to take off. The volume pattern on this stock has been perfect till now, strong expanding volume on breakout and up move, weak contracting volume on retest.
The stock also looks intriguing on weekly...
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- Simple price-action strategy
- Multiple Inside Bar Breakout in AEGISCHEM on Daily chart time frame.
Aegis Logistics Limited is looking good to enter long position, head and shoulder pattern along with long time resistance about to break, we can buy above 415 with stoploss at 345 for the target of 1:2.
- before invest do your own analysis which will give you the confidence to stay in the trade till you achieve the target - educational purpose only.
A few months have shown a cup and handle pattern BUT recently WEEKLY has shown an INVERSE HEAD & SHOULDERS pattern.
385-400 level is very important this level breaks the upside a good moment will be shown.
CMP 305
Buy range 275-245-225
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About the Company
Its India’s leading integrated Oil, Gas & Chemical Logistics company and one of India’s top Importers and Handlers of LPG amongst private players. The company operates through its state-of-the-art Necklace of...
FOR LEARNING PURPOSE
AEGIS LOGISTICS- I am planning to buy this stock tomorrow
Reason- This sock is coming out from a good base with good volume
Its making ATH after long time
It has underperformed market for a long time and finally its trying to show some good strength
I am going to look for minimum 35% and then will trail this stock
SL is marked on the...
#AEGISCHEM #patterntrading #momentumtrade #cupandhandle
AEGISCHEM : 1-3 Month Trade
>> Cup & Handle Breakout
>> VCP Visible
>> Institutional Buying Visible
>> Good Strength & Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love...
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
