"Delivery Idea 03-07-23 ELGIEQUIP (CMP: 540.9) Buy Price: 541 SL Below: 515 Target: 580"
ELGI EQUIPMENT , nice break out after 42 weeks with good volume, short term view , this is not buy sell hold recommendation , this is only for educational purpose only.
The stock is consolidating since many days. Taking support at 526. Volume is building up on a daily time frame. Expecting to breakout from the consolidation very soon. Keep a watch. Easy 10-15% gains possible
ELGIEQUIP:- Triangle pattern is formed, wait for trendline breakout. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful...
📊 Pattern: Flag Channel 📌 Symbol/Asset: ELGI Equipments 🔍 Description: Two bullish patterns present in the momentum stock 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Cmp-548 Sl- below 520 Targets 600-650+ Looking good ...price is contracting and volume ..can heads towards all time high....
After consolidation it has formed triangle pattern some quick move possible
#ELGIEQUIP trading above Resistance of 500.45 Next Resistance is at 885 Support is at 369 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
This is follow-up on ELGI Equipments. Can check link to related ideas. Target 1 achieved. Gain of more than 47%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
Elgiequip - Head and shoulder breakout. Given a good breakout and may consolidate for a day or two but after that it will give you targets 609,620,660,700,761 positionally.
Please 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
Key Points: - Bullish Range Breakout - Near Resistance level - RSI > 70 & above average - 50,100,200 EMA crossed and good potential of up-move - Longer time rang bound phase - Possibility of forming New ATH - Keep in folio for longer term - Huge Volume breakout In Gujarati “ Bhav is Bhagwan ” Disclaimer : I am not a SEBI registered Analyst. Please do...
Stocks is trading near ATH BO levels, also volume build up seen in stocks, entry if levels sustain above BO on daily TF.
I daily make educational content videos for swing / positional view
A Symmetrical Continuation Triangle (Bullish) Pattern found on daily chart The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. Short term target is marked. Note for everyone who came across this study: This chart is only for educational purpose. This is not buying or selling recommendations. I am not SEBI...
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...
buy above 472 tgt 512 SL 428 strategy based on candle sticks pattern catch bottom
Cmp- 429.90 Sl should be below 419 Good RR. Currently available at distal line of Demand zone, below that again demand zone is their and distal line is 420