AEGISCHEM
In day chart...price in damand zone...chance to move up side upto 25%
levels mentiones on chart.
only educational purpose
AEGISLOG trade ideas
AEGISCHEM is at Support can give 60% returns I will buy AEGISCHEM because :
It has been taking support at the trend line.
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting.
Entry : 228
Target : 385
Stop loss : 200
AEGIS LOGISTICS MAY GIVE RETURNS UPTO 50%Aegis logistics stock price has been falling since July month. But it has now neared a point where a possible reversal may be seen.
The RSI on weekly basis is indicating the stock as undervalued and more importantly, this is nearing the XABCD bullish crab pattern's terminal bar price.
in the past, we have seen a very good reversal from the terminal bar price of the crab pattern in Amazon and Tata Motors' stocks.
Hopefully, with a small risk, we can achieve returns closer to 50%.
Check the similar setup in Amazon and Tata Motors for an idea.
Happy trading :)
This is just for educational purposes.
Aegis Logistics - Is it bottoming out?One of the few stocks which have not shown strength in this bull market. Its in a current hot sector ( Natural Gas )
Over the past month for the first time in a v v long time promoter has been buying non-stop over the past 1 month and has pumped in 35cr into buying more stock.
There is also a positive divergence on the daily RSI and support around the 200WEMA. There is also a key fibo level around 240 where it hasn't closed below on the weeklies.
Long at current price 243.50..
SL below 225. (For more aggressive traders SL could be around 234)
This one is for those that like bottom fishing. Would not allocate more than 5% to this stock coz there is no strength thus far.
NeutralAegis Logistics is in the business of import and distribution of Liquified Petroleum Gas (LPG) and storage and terminalling facility for LPG and chemical products.
AEGIS LOGISTICSDaily charts indicates last closing session with spinning bottom with huge volumes thereby indicating trend reversal. entry can be around CMP with short term target of 260-270
AEGISCHEMTrade Logic:
1. RSI Divergence and making multiple lower lows.
2. From Top to Current levels, this stock have fallen by 30%. Can hope that correction is over.
3. ~250 is good support.
Buy on Open Volume and Price both dropping , signs of reversal , i will buy 262-252 Range NSE:AEGISCHEM
AEGIS - RETEST OF MONTHLY BOBuy when closes above 312
Target 345 first and then 400 for medium term...
SHORT, MEDIUM & LONG TERM TARGETS FOR AEGISLOGSHORT, MEDIUM & LONG TERM TARGETS FOR AEGISLOG. GO & GET THE SAME.
AEGISCHEMAEGISCHEM CMP 320. Strong volume with delivery seen. Can move upto 385 in short term. Stoploss below 300.
#AEGIS LOGISTICS , (SWING TRADE ) WEEKLY CHARTNSE:AEGISCHEM
#AEGIS LOGISTICS , (SWING TRADE ) WEEKLY CHART
BUY ZONE=290-310, STOPLOSS-272 ,BOOKING ZONE-472
#RISK/REWARD Ratio - 1:5
MY VIEW ON AEGIS LOGISTICS
#Pettern breakout
#highzone Breakout
#Retest
#EMA - up trand
#supertrend - up trand
#RSNIFTY - up trand
#RSI - up trand
#Breakout Volume - High
Aegis Logistics Ltd., the flagship company under Aegis Group is India's leading oil, gas and chemical logistics company. The business comprises five key segments: Liquid Logistics, Gas Logistics, Engineering, Procurement & Construction (EPC), Retail LPG and Marine Products Division. The Company’s Liquid Logistics Terminals are located in Mumbai, Kochi, Pipavav and Haldia.
Major clients of the firm are Bharat Petroleum, Hindustan Petroleum, Reliance Industries, Caltex, Supreme Industries, Jubilant Lifesciences, Bombay Dyeing and Laxmi Organics.
d2fgrgclavu78s.cloudfront.net
#Result- So I WILL BUY THIS STOCK
BUY at current levelbuy at current level. add more if comes down till trend line.
sl and target as mentioned on chart.
Buy on closing of 13-07Big fall and standing on support. SL of only 10 points, Target is of 60 points.
Good R:R
#AEGISCHEM .. BO & Retest done .. Buying opportunityCheck Chart for details ..
Company has good fundamentals as well as confirmed uptrend on chart...
My targets between 430-450 in mid term...
Aegis - CUP&HANDLE breakout-22% return expected Aegis Logistic has given a fake breakout after CUP& handle formation and at present re-testing support line/demand zone 320~330.
As FY21 Q4 result is expected on 27th May'21,Estimated EPS-2.93 against FY'20 Q4 EPS 1.0 and FY21 Q3 EPS-2.06.
Position to be taken at present price level 320~335 with small SL-317 for the target of T1-380~385 and T2 400~413
Fresh breakout expected next week , if result met estimation or above break will be sure and sustainable, if not can be exited in SL level.
Bullish movement is expectedThis stock has shown a breakout sign and we can expect a good upward movement in this stock. If it shows correction we can scale in or else it will run for 400 levels easily
