AEGISLOG trade ideas
AEGISCHEM - WIB - CNHAEGISCHEM - WIB - CNH
22 Jan 2021 - CMP 284.10
CNH in formation. Price sustaining above RSI 60.
Enter now with a SL of 265 on Closing basis.
TGT 300 / 340+
#AEGISCHEM Inverted H&S BO#AEGISCHEM has given BO of Inverted H&S pattern on Weekly chart.
ENTRY given around 275.5 with SL 258.
There is a bigger CUP & HANDLE pattern formation on Weekly chart.
Details provided on chart.
long in aegis logstock has given breakout of cup with handle pattern.
we can see more upside from here. stock can kiss 300 level soon.
Aegis Logistic could make Rounding Bottom and give good targets Aegis Logistic could make Rounding Bottom and give good targets in near future.
Disclaimer- My view is only for educational purpose. No personal Buying/ selling recommendations.
Possible Cup and handle Look out for this chart. If it forms Cup and handle pattern then huge upside possible.
Else can also be bought near Trendline
AEGISCHEM, POSITIONAL STOCK NEAR 2.5 YEAR BREAKOUT (CHART# 380)Level mentioned on chart
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Thanks
Piyush Gupta
Resistance may breakStock is verge on breakout , look for intraday and postional. Volumes are rising.
Can give a good momentum either wayCan give a good breakout either upside or downside because it is taking good support and resistance.
One Right Trade's Swing Trade Idea #178 : Long on AEGISCHEMThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
LONG VIEW IN AEGIS LOGISTICS 1.VOLUME ACCUMULATION IN PREVIOUS WEEK.
2. PRICE NEAR TO THE FEB MONTH HIGH.
3. RSI DIVERGENCE IN THE BOTTOM.
4. FLAG PATTERN ON WEEKLY CHART
5.PRICE NEAR TO THE RESISTANCE LEVELS AROUND 252
IN THE PAST TOUCH THIS LEVELS 2 TIMES BUT AFTER THE (SEBI)
RULES MORE INVESTORS FOCUS ON SMALLCAPS STOCKS
SO HERE THE CHANCE PRICE SEEN THE BLUE SKY .
AEGISCHEM forming channel patternAEGISCHEM forming channel pattern can give a breakout or can continue downside, follow the updates and trade accordingly
Short/weekly Pick Price & target mentioned on charts.
Always follow the stop loss.
Please do not panic and sell in between.
Mid-cap stock do have a tendency to be volatile in nature and prone to swings
Good Luck!
Shotterm View Canbuy above Today high with SL of 174Shotterm View Canbuy above Today highWith Sl of 174
