( Analysis is for Educational Purpose only)
LOOK GOOD ABOVE ATH FOR DECENT 8-10% upside educational purpose thanks
it has closed at highest closing price on weekly and monthly charts. Formed a rounding bottom on weekly chart over a period of 3.5years. RSI above 60 in all timeframes(Daily,Weekly & Montly). Indicating bullishness. Consolidated between 330-380 over last two months, hope it will give breakout at ATH.
The stock looks good above 426 (on closing basis) for 8-10% further upmove
Positional Pick !! First Base Formation Completed and Breakout with Good Volume. Keep Accumulating with positional View
CMP : 364 Buy Till 352 Sl: 332 Target : 399 Good company. One can hold for long term.
Asahi Songwon Colors Ltd - 11.06.2021 Let the prices go above 363/- prices are below ema there is a macd bullish divergence in hourly chart (needs to be confirmed) watch out for the price action
Please Read the charts.. this is my own trade and not recommendation to anyone..
Trading possibilities for Coming week. This stock have shown good strength and has closed high. It still has bullish Momentum and can go further up. You can trade this for intraday and also for few days in the coming week. Look for Buying at the levels marked in green and whenever you see a Bullish candle pattern forming. The targets and stop loss are subsequent...
fresh long position can be initiated at current level for a target price 300 with stoploss price 200.
Can Enter when it breaks with good volume. Looks like stage 2 200 MA is uptrend for few months
BUY @ CMP 217.4 STOP 199 FOR TARGETS OF 245/ 280. TIME PERIOD 2 MONTHS
290% upsurge in 120 days. shallow pullback of 19% with decreasing volume, constructive. price is trading in a very narrow range. good set up