EKC trade ideas
EKCCMP - 133
SL - 105
Targets - 200, 240, 300
Good to accumulate in dips
FII's doubled their stake and company has bright future.
Stock is near Good weekly, monthly support
Everest Kanto major resistance breakout in a daily chart? Major Resistance breakout in Everest Kanto.
After the continues fall, the momentum was paused from 12 May 2022 @140-155 range.
This range is tested multiple time, which helped in forming important Demand zone.
Which confirm buyer are slowly taking control, and now, we can see there is a breakout of major resistance.
Stock is having potential to reach 260 range, If it is coming for retest 175 range must act as support, for the upside rally stock has to close today's high. Ideal SL will be 163.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:EKC
EkcEkc Or everest kanto can reverse from here, a good profitable upside is seen, but keep SL as indicated in chart.
Breakout RetestSignificant Deleveraging done. OCF improved. Big improvement in WC days. Traction CNG and Cascade business. All time high sales and Net Profit.
Everest Kanto Cylinder Limited_ Pole and Flag breakout.After the long consolidation, the stock has given breakout and return of 100 % in past 3 months.
ATH level of Rs 300, price corrected by 25 % and currently given a pole & flag breakout.
It's small cap stock, invest cautiously with proper research and risk management theory.
Entry at Current Level , t1 Rs 300 t2 Rs 350 t3 Rs 400 and Stop Loss Rs 217
Thanks
EKC Breakout after 2009#EKC
Looks good on weekly charts
After long time breaking highs of 2009
Expecting upmove of 40% nearly.
On upper ckt presently.
Will try to get around 240
SL Of 185 on weekly close
#vr
#EKC cash : good for long term buy#EKC Cash -Buy for long term
12.08.2021
Buy only above 100.10
sl 80
Target 140/170
Cmp 95.35
EKC near EMA supportEKC has corrected a lot from its high of 162.30. The stock is now at 20 Weekly EMA support. It has rallied 3 times from 20 Weekly EMA support. So anyone looking to add this is a reasonably good entry
Note: This is not a buy / sell recommendation but posted for educational purpose
Everest KantoInvestment Pick..
Medium Term..
Buy-95-96
SL-65 Below DAily Closing BAsis
Target-150-220
Add / Avg If Comes @95-97 Range..
Breakout & Retest Confirmed..
Can Have This In Investment Portfolio..
Low might have been seenEKC unlikely to breach 98.50 if it is able to stay above it today. Intermediate term target will be 150 if it remains above 98.50 for a couple of days.
LongIn my opinion it's best time to enter
Company with gud valuation and at multiple support level
Enter 90-100
T1-116
T2-125
T3-150
Book as per ur risk reward
Sl 90
EVEREST KANTORecently crossed 20 ema and 5 ema very bullish, hammer like candle formed. Financial stable, released pledged shares. making higher high with rising volumes. RSI Bullish. Pivot breakout R5.
EKC cup and handle breakouttry to accumulate if get correction around 65-75, stop loss will be below 62
Symmetrical Triangle Breakout.As there is increase in demand for Oxygen Cylinder EKC has shown a big movement. Can go long as the rate of demand will also increase
Sharing my view
#educationalpurpose #learn&apply #upworth
EVEREST KANTO CYLINDER: 10 Yr Double Bottom + Neckline Broken!🎯A very long term pattern preferably for positional trade and long term swing trade. Keep your SL below 66 (recent swing low). Also, see in daily TF, it gave the wedge breakout with heavy volume after consolidating on the trendline. This shows upside momentum is intact. Targets are mentioned.
EKC flag breakoutekc flag breakout can give good move ,its demanding rite now ,it is a oxygen supplier company ,can be good buy near 86 levels.
