CESC trade ideas
BUY TODAY SELL TOMORROW for 5%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 the rest of the time they either consolidate or fall
Trendline Breakout in CESC
BUY TODAY SELL TOMORROW for 5%
CESC IS AT TIP OF DECISION: RALLY WILL START??Discover the serenity of joy and peace in every moment, enriching your journey with sublime beauty.
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CESC - All Time High BreakoutCESC
1) Time Frame - Monthly.
2) Previous ALL TIME HIGH breakout in monthly with good volume.
3) Stock will find an Immediate resistance around the price 142.80 / Retrace and breakout further in the upcoming days.
4) Recommendation - Quite risky but still it is a Good buy.
CESC - Cup and Handle BreakoutCESC Limited is an integrated electrical utility and holding company. The Company is engaged in the generation and distribution of electricity across approximately 570 square kilometers of licensed area in Kolkata and Howrah, West Bengal.
TTM EPS: 10.92
TTM PE: 8.99
P/B: 1.20
Face Value: 1
Mkt Cap (Rs. Cr.): 13,017
Dividend Yield: 4.58
Sector PE 17.62
Book Value Per Share: 82.30
Positives:
Strong Momentum: Price above short, medium and long-term moving averages
New 52-week high today
Increasing Revenue every quarter for the past 2 quarters
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Negatives:
MFs decreased their shareholding last quarter
Inefficient use of capital to generate profits - RoCE declining in the last 2 years
Inefficient use of shareholder funds - ROE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
Declining Net Cash Flow: Companies not able to generate net cash
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
BREAKOUT AT 17 YEARS IN BOUND RANGEThe CESC has given breakout after a long time
the stock moved 15 rs in two days and now consolidating on a range of all time high. a good support of 200 and 100 EMA
let's check what happens on this monthly channel, in the price range of 108 to 115 is good buy
For education purposes only, invest at your own risk.
CESC daily chart after split 1:10 todaydaily chart of cesc....today it spllitted
one share into 10 share.
yesterday closing was 880 today high so for 96.90,
(i.e 969 ..almost 10% up) cmp 92.90..
looks like this may be accumulated by very long term investor
with every decline if come.
decide on ur own
Amazing breakout on Weekly / Daily Timeframe - CESCCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
Resistance Breakout - CESCPlease 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 for long term.