Share Break out at 734 on TF monthly chart. Last time it is unable to break in Sept 2017. Even you can see break out on TF daily chart too. For long term target is 987.
If you trading on daily basis then 734 will be strict stoploss.
( *** All time high *** )
( Daily , Weekly and Monthly Breakout )
One can Enter Between 740-750 and Stop Loss is below 705-700 Target Open
Support seen near 710-720 in Hourly Time Frame.
SO ABOVE 750 EXPECTED 10%...15%...20%
It is a manufacturer of Ignition Systems for two-wheelers, three-wheelers, and portable engines.
Market Cap 1,653 Cr.
ROCE 11.3%
InstHold 0.15 %
Rounding Bottom Breakout With Volume.
INDNIPPON is forming a potential triangle pattern in the weekly time frame continualy forming higher lows in the weekly time frame if the breakout happens it will be a potential positional trading opportunity.
All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to...
bullish formation
only for information and education purpose. please consult your adviser before investing.
#trading #long #midcap #india #auto #chart #bullish #chartpattern #priceaction #technical analysis
Looks good for a move-up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and...
Market Analysis
Live Challenging Stock Market Analysis INDNIPPON Buy @ 448.95
Target1 @ 448.95
Target2 @ 595.25
#sharemarket #INDNIPPON #Nse #stockmarket
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per...
Signal Specification
Pair: INDIA NIPPON
Entry Type: Buy
Entry1: 376.20
ENTRY2: 210.20
Tp1&2: 592.80
Sl1: 311.50
Sl2:133.05
R/R: 4.97
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to...
The stock has been trading with high volumes and looks strong on weekly charts.
Buy intraday above 580 and swing above 600 for a potential swing target of 690
Learn & Earn,
Dr. Tanya Kumar
The stock gave 2 years old trend line breakout ... and also create good volume... good opportunity for swing trade.
Do your own analyze before trade !!
#INDNIPPON (W):- 502.9 CMP, Looks good for more upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
India Nippon Electricals Ltd - 06.01.2022
The stock is trading @ 410 levels
The prices are above ema
415 is a level to watch with 430 being a hurdle...
watch out for the price action
