Sector Tailwind : catch them young !! The Stock can move fast when supported with volumes
Buy Above 952 , when supported with volumes the stock can touch these targets
Both the targets and stop loss plotted on the chart
Disclaimer : Educational Content and not a recommendation
Struggling to find time for trade management?
- Take Daily trades at 3: 00 pm every day
- Try to exit by taking 4-5% MAXIMUM PROFIT from each trade
- Trade can be held for 1 week
- Simple price-action strategy on High Momentum Stock
- Multiple Inside Bar Breakout in AEGISCHEM on Daily chart time frame.
Excel Industries has been in the down trend since long. Forming a downward triangular pattern and is nearing its line.
On drawing the resistance line, it currently seems to be at the support points of the triangular pattern, pivot levels and the from the chart.
Personally see this moving north since is at a 3 point support level. Expecting limited downmove and...
Excel industries almost crossing resistance
Current at the levels of 950 levels and seems to be showing some momentum to move up. But the volume has to come in to play for it to break , sustain and give a big up move. If it breaks and sustains then the levels where it will again resist is 1060.
Once it crosses and sustains above those levels is when we can...
Excel Industries long indications
Has been on the downward moving channel and currently seems to forming base at current levels. Showing a small bounce after reaching bottom levels . Expecting levels of 1053 - 1161 - 1289 in near terms where it can find some resistance. Need some good volumes to move on the northward levels.
No recommendations, just my view...
expecting it to bounce from here and go to the channel top. I feel it would reach ~1120 where a very good resistance is there.
PS: I am a self learner and high chance of going wrong. Please don't invest only on seeing my idea - please study by yourself.
Chart -> Excel Industries Daily
After a brief downtrend, the stock has created a base and given a symmetrical triangle breakout at the bottom. Looks good for reversal.
CMP: 982
Good Range To Buy: 920 to 980
Targets: 1111, 1258, 1368
SL: 882 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
Excel Industries Long indications
Currently at the strong support level where it base is at 730. Expecting some Upmove after retracement.
Expecting upmove levels of 950 and 1140 in near term if it comes with volume.
Downward resistance levels breaking on the upside.
No recommendations, just my view based on charts
Excel Industries Cmp 891 dated 10-4-2023
1. Triangle Pattern BO @ 890
2. RSI BO
Buy above 900 for target 925-950-990-1030 SL 850
It is just a view, please trade at your own risk.
Long Excel after the BO of marked TL above 1225 with SL between1175-1150 for the target price between1400-1600. Stock is expected to bounce back from the support levels. High probability that stock will move up from the support area. Stock is in a consolidation phase for some time. All important levels have been marked on the charts. This is for your educational...
ON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
#WondersOfPC
Parallel Channel Analysis:
-After taking support at the Mid line of PC-B, we are near the Breakout of PC-B
-An opening above recent close of 1455 will give a strong breakout of PC-B and we can expect target of 1660
-At point P1, candles respected both mid line of PC-A and bottom line of PC-B and went to P2 and to P3 from there
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
