Showing signs of reversal Risk Reward extremely favourable, reversing exactly from the long term support levels
ALICON trade ideas
Alicon Castalloy Ltd - 21.01.2022Alicon Castalloy Ltd - 21.01.2022
The stock is trading @ 801 levels
There is a Support Zone @ 798 levels
The prices are below EMA
There is an Engulfing Bear at Support
There is a MACD Bullish Divergence in Daily Chart
There is a Stochastic Bullish Divergence in Daily Chart
RSI is overbought in Monthly Chart
Let the prices go above 818
watch out for the price action
ALICON CASTALLOY : RANGE BREAKOUT Range breakout with good volume, expecting good upmove from here
TGT - 1100 & 1200
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Alicon castalloy second break out#alicon
#aliconcastalloy
After a strong breakout of 700-720 area, stock is nearing for another breakout.
Any weekly close above 910 will trigger more upside.!!!
#vr
ALLICON ASTROL OIL looking good for buy.ALLICON ASTROL OIL looking good for buy.
So keep in watchlist and look for some good entry.
ALICON :: LONG SETUPALICON :: LONG SETUP
---------------------------
-- Buy at Current Levels / Pull back (770 - 820)
-- Initial S/L 735
-- Target the Channel Top / FIB Levels or hold as positional pick
Reasons for increased probability::
----------------------------------------------
-- Recent Trendline breakout.
-- high volumes + delivery seen last 3 sessions
-- Momentum breakout in RSI
-- MultiYear Breakout & Retest completed
/**
Caution : Smallcap Auto stock... Prefer allocating <5% of your capital.
This is just a probability analysis and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
How we captured 9.5% movement in an hour today!This trade was a good ATH breakout scenario shared on my channel as well as with our group - made high of 949.
Simple price action techniques, great gains!
Thanks,
Dr. Tanya Kumar
DAILY SWING CALL // Monday 14th of June 2021 / NSE:ALICON / NEXTDAILY SWING CALL // Monday 14th of June 2021 / NSE:ALICON
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 554.6
TARGET: 638+ (15% Around)
STOP LOSS: 500 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Expecting Breakout Within 2 Days ✌✌This scrip is expected to give short triangle pattern breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
[INVESTMENT] ALICON HAS MORE POTENTIALThe stock looks good for short-term investment and expected to get 10-20% from 560 zones.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Alicon - CMP: 546 Rounding Bottom BreakoutStock is in positive bios. It has given rounding bottom breakout on the daily chart. It has also given Rounding bottom breakout on the weekly chart. All oscillators are indicating the continuation of bullish movement. We can expect rounding bottom pattern target of 595 in the near term. We can also expect a target of above 700 to 780 in the mid-term time frame.
Alicon castrolStock is standing at its breakout level .If it sustain above 480 big rally can be seen.
alicon bullish view doji star candleprobably may show some 25 percent bounce. according to my view . risk your money on your own view
DAILY SWING CALL // Wednesday 3rd of March 2021 // NSE: ALICONDAILY SWING CALL // Wednesday 3rd of March 2021 / NSE:ALICON
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 462.90
TARGET: 532+ (15% Around)
STOP LOSS: 417 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
ALICON CASTALLOY: Watch out for 4 Months Darvas Box Breakout!Trendlines and levels are marked. Today's volume was sky high this gives very high probability too for tomorrow.
Alicon Castalloy - Buy IdeaAlicon Castalloy - Buy Idea
.
To learn Demand and Supply Theory, contact me on Telegram-- @ah_2018
Please mention that you got my contact details from TradingView site.
