EXCELINDUS trade ideas
Techno-Funda idea on Excel IndustriesAfter studying the price action and applying concepts of technical analysis I have come to the conclusion that Excel industries is providing a good opportunity to buy. Promoters hold a decent amount of stake in the company and the company looks fundamentally okay with no red flags. Hence, I call this a techno-funda idea instead of a pure techno idea.
EXCEL INDUSTRIES LONGExcel Industries on weekly basis it has given a good BO for inv HNS and retested the BO levels and bounced back so it looks good for long and can be bought at cmp 1151 or on dips upto 1000 for the targets of 1230 / 1330 / 1430 ++ with a strict sl of 864 for a short to medium term.
All charts posted here are only for EDUCATIONAL PURPOSE.
Before entering into any Trade / Investment Position kindly consult your Financial Advisor.
EXCEL INDUS #StockMarket #StockToWatchEXCELINDUS >>> BO AND RETRACE
PERFECT TIME TO ENTER
VIEW FOR SHORT TERM AND ALSO HOLD POSITIONALLY
EXCEL INDUSTRIES LONGChart is pretty clear and straight here. A simple Inverted Head and Shoulder formation can be seen on the weekly charts of Excel Industries. Further, a good breakout is seen with good volumes and sustainability above the resistance point. In addition, a perfect retrace is seen and buying pressure can be seen in the last candle. The last candle tested the 'resistance turned support' level and from there buying pressure is seen!! Moreover, a breakout and retrace is visible from the recent consolidation. (OPEN THE CHART FOR DETAILED VIEW).
LEVELS
ENTRY: CMP (1082)
Target 1: 1275 (Book 25%)
Target 2: 1442 (Book another 25%)
Target 3: 1605 (Book another 25%)
Target 4: 1755-1760 (Book full profits)
STOP LOSS: 960
*TRAIL STOP LOSS*
MACD bullish
Volumes check
RSI a bit high but shows momentum
Risk-Reward ratio FAVORABLE
I would recommend a long swing trade on EXCEL INDS
Thanks
FOLLOW IF YOU LIKE THE ANALYSIS...
Pullback after breakout with low volume* Pullback after breakout with low volume is a sign of bullish .
EXCEL INDUSTRIES - RETEST EXCEL INDUSTRIES has given a breakout recently and now it has a very good retest. Good time to re-enter. Retest zone has also turned out to be at Fib level (61.8%).
EXCELINDUS Weekly Breakout Retestit has retested weekly breakout at 1000-1050. new support becomes 1000, it also shows inverted H&S pattern on weekly chart as well.
RSI above 60 on weekly
breakout was seen after lengthy consolidation on weekly chart. retest of breakout is also completed.
Excel Ind - Retest of 2yr breakout zone on good earningsGreat find by @monkmaxims
The stock made a 2yr Inverted Head and Shoulder Pattern on weekly chart. It gave a 9 month channel breakout on 4th May with very high vol. After 15 odd sessions, price has come back to retest its long term breakout level on very low volumes. Also co-inciding with result date, showing a good set of earnings (60% rise in YoY EPS.)
Sector on the move due to good monsoon.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
EXCEL IND LONGexcel ind has intersting pattern,it makes new high atleast 250% from previous high so bulls ready to capture and ride this stock with stop loss of level marked and even with head and shoulder pattern we are getting 1600 minimum target
DON'T MISS THIS GREAT BUY SETUP.Stock has given massive breakout with great volumes after a long 8 month consolidation.
Looking good for great upmove from here.
9 Months of Base formation Breakout With rising Volume and 9 Months of base formation price has broken out of the range.
Made 52-Week all time highs this week.
EXCELINDUS | Strong INHS breakout - Potentially 75% opportunityEXCELINDUS | Strong INHS pattern - Potentially 75% opportunity - Buy in dip.
CMP : 1066 (Dip : 1000, 960, 920)
SL : 800
Target : 1800
It may take few months to perform. Please alllow it to work for us.
EXCEL INDUSTRIES - 2YR H&S / 1YR DARVAS BOX BOEXCELLENT FIND BY @monkmaxims
Agro Chemicals sector is on fire. Most of its stocks are breaking out.
SL: Below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
RESISTANCE BREAKOUT (1.5yr RESISTANCE) in EXCELINDUSTRIESGood multiyear breakout in daily as well as weekly TF
Entry = CMP Or around 1050
Target 1660
Stoploss 900
Risk to reward ratio = 1:3
Excel Industries Cmp 1033 dated 7.5.2021Excel Industries Cmp 1033 dated 7.5.2021
1. Head & shoulder Pattern on chart daily &
weekly Chart.
Buy for tgt of 1100-1200-1300-1400-1600 SL 850
it is just a view, pls trade at your own risk.
