small cap -415 cr educational base company.
mothly rsi above55.
rs positive.
debt free company
sales growth 39.3%
profit growth 83.1%
pe - 19%.
future base stock.
with right time momentum.
keep investing.
Be simple Buy simple.
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#cleducate #patternbreakout #patterntrading
#CLEDUCATE :
>> Beautiful Inverse H&S Pattern breakout
>> Breakout with Volumes
>> Good Strength in Stock
>> Low Risk, High Reward Trade (Upside of 43% Possible)
Swing Traders can lock their profits at 10% and keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
BUY - CL EDUCATE LTD
CMP - Rs. 65
Target - 1: Rs. 89
Target - 2: Rs. 106
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Timeframe - Target - 1: 4-6 months, Target - 2: 6-9 months
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Technicals - Bullish Flag
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This is just a view by an expert analyst, please invest at your own risk.
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Supporting to our previous weekly chart analysis of CL EDUCATE, in daily time frame we can see stock has already given a clear cup and handle breakout with good volume, which suggests there might be good price movements in coming days.
Good entry would be around 165-160 range.
This is just a view, do your own analysis before investing.
NSE:CLEDUCATE
Stock has given breakout from its cup and handle pattern, yet there is no significant volumes on breakout. For pattern confirmation price has to close above 170 in weekly chart.
At present Stock has given a cup and handle breakout with significantly good volume in daily chart and may come for retest at 170-150 levels.
For further strong up move, price has to...
Breakout witnessed
For Cup and Handle
For Inverted Head and Shoulder
Effect of the same could be towards the retracement as shown in the chart.
Must remain above the yellow line
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 levels up and down.
Other important...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
