APCOTEXIND trade ideas
Long in Apcotex IndustriesThis is in an uptrend for while and now it had brokeout from a consolidation with good volume. As it a huge breakout (12%) i expect a correction in next few days because of some profit booking. One may long this scrip now with SL below the major resistance and may add more quantities during pullback, have first target of R3.
APCOTEX IND = Bullish Flag Breakout Apcotex Ind has given a Bullish Flag Breakout
Buying Range = 355- 370
SL = 340
Targets = 450-480-500
Apcotex ind will it continue up ??apcotex ind which is given double bottom(W) pattern B.O. around 287
on mothly and weekly chart and gone upto 385 around .
after consolidating for 4 months in this range,
now trying to go above this range by showing daily chart pattern upmove
,
will it ???
move 100 more point in short term till 487 around to complete
long term pattern target or not .. let us see and watch .
decicide on own.
CAN BUY FOR TARGETS 450/500/530++shown huge consolidation and now given breakout.We're looking at the given targets and more.
Apcotex - 6yr breakout Retest
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
APCOTEXTIND has given breakout with strong volumeAPCOTEXTIND has given breakout from 1-D channel pattern with strong volume and also closed above previous high
Disclaimer: Consult your financial advisor before investing in market
APCOTEX BREAKOUT STOCKBullish momentum expected in this stock for coming days , we got the price and volume confirmation on charts
do your own research before investing
Long Idea - Apcotex IndustriesThe govt. of India has just granted the PLI scheme to the textile industry which has come on the back of additional benefits given earlier in the year regarding pricing. This is a massive boost and as can be seen from the volumes has warranted institutional buying.
Can go to 500
Apcotex Ind - Consolidation breakoutAfter nearly 4 months of consolidation Apcotex is looking to breakout.
Long if the price crosses 352.50 tomorrow. SL below 325.
Since the SL is deep take a smaller allocation first and if the price breaks 365 then double up and shift SL to 352 whereby reducing the risk.
Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
[SHORT TERM] APCOTEX INDUSTRIESThe stock looks good to buy at 305-300 levels for a 10-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
FY21-22 Swing Trade Idea #105: Long on APCOTEXINDThis is a public swing trade idea (other private ideas accessible through website) 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 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.
Successful Pullback Apcotex had posted fantastic results and the stock made a significant move. Now it has cooled down a bit and the price is appearing to be making a successful, simple pullback at around 23.6% Fib retracement.
APCOTEX: BULLISH ABOVE 280BULLISH ABOVE 280
TARGET : 300, 333, 366
SL: 250
RISK IS YOURS AND REWARD ISTO YOURS TOTALLY
