AHLUCONT traded within a rising channel for almost 10 years till Mar '2020. It then took support at the lower end of the channel in Apr '20 rising from a low of 136 to CMP of 852 (gaining 525%) to form an ascending channel. The stock has also broken out of the succeeding channel rising 25% in the ongoing Month of Nov'23 itself forming a large bullish candle.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
#AHLUCONT trading above Resistance of 939 Next Resistance is at 1246 Support is at 632 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
#AHLUCONT trading above Resistance of 632 Next Resistance is at 939 Support is at 429 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Reason for long a) Trendline breakout b) super vwap breakout d) QQE long e) channel support SL compulsory
fresh upside possible, volume spike supportive and momentum visible, worth tracking for entry views for educational purpose only
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Bullish Flag breakout with very high volume in Ahluwalia Contracts (india) Limited
All time high breakout with volume spurt RSI near 70 and rising Above EMA 40
1. Trend - Bullish 2. Pattern - POLE & Flat & falling wedge 3. Breakout yet to be confirmed 4. RR is lucrative more then 1:5
Investment Pick : Ahluwalia Container LTD Cmp - 501.85 SL - 360 ( Monthly Closing Basis ) Target - 750
Chart is self explanatory. The VCP play might work out/ might not work out - but with the kind of order book the company is winning, it seems a reasonable bet at this valuation. Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing
Why am i buying this trade - Looks good risk to reward ration Good Time to BUy Entry at 566 1:4 700 tgt
- Multi year TL BO on Monthly and Weekly tf - Cup & Handle formation - Consolidation before BO - Bullish RSI on all major tf - Above all important MAs Negatives : - Volume is not that Promising
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
NSE:AHLUCONT This company is a engineering and contracts player in the construction space In terms of financials the company is debt free with high ROE ROCE numbers along with good interest coverage ratio Technical charts suggest bullishness with price nearing all time highs backed by high volume Recent brokerage reports and ratings suggest good revenue...
Strong Breakout from Triangle pattern and Supple demand A3 zones.