Reason for long - Consolidation breakout High risky penny stock: position sizing not more than 0.5% of total capital and has risk of complete erosion of invested fund in this stock. It is purely experimental investment and purely based on technical. The organization is non-significant profit making, but volume increased in recent times. 1. Powered by vwap...
This stock is trading in channel and there are several false high and tease break. Moreover the price is near the upper channel several times and trying to consolidate near the upper channel. All these indicates the possibility of upper channel breakout for target of 15% in next 3 months. Reason for long are 1. For a long time price is trading in channel and...
1. runaway gap possible 2. Volume supports the price hike 3. Fundas are good 4.tl breakout with bullish kicker price action 5.Duration 5 weeks
Major resistance: 330 Major support: 240 Don't buy the stock when it is cheap but buy when the price shows strength The Indicator Used: Panel 1: 1) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2) Relative Strength Analysis Comparison of Fermenta Biotech with Sensex along...
Hello Traders I am expecting a strong pullback in fermenta biotech if daily candle give close above the mentioned level. Otherwise good downfall if head & shoulder break the trendline downside. DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
Call for Tuesday 15th of September 2020 // This is a swing trade call and not an intra-day trade // BSE:FERMENTA (It's a BSE Stock) CMP / LTP: 391 IDEAL BUYING RANGE*: 380-400 TARGET: 470+ (20% Min) STOP LOSS: 350 (10-12 % Max) DURATION: In 15-20 Trading Sessions Target should be achieved Notes: - *IDEAL BUYING RANGE: This is the pricing range if the...
Multi year breakout. Fundamentally strong. Break of key level. Break of trend line. Will add more at higher levels. #fridaylash
Likely to remain range bound between 317 to 410 for some time unless external trigger propels it to the next orbit.