BO TRADE
ISGEC
Looks Good ABOVE 991
SL 914
Target 1054-1118-1181
Hold few Weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
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 and...
the stock is turned bullish after a long time with support of robust quarterly earnings. not long before it moves to all time high. good fundamentals and high returns stock for mid term.
#ISGEC trading above Resistance of 958
Next Resistance is at 1232
Support is at 704
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#Breakout Soon Stocks
✅ Keep in Focus
ISGEC
+ 1st Base After Breakout ATH
+ Good Recovery after 20 December Candle
+ Volatility & Volume contraction at the Resistance
+ Trading Above Key EMAs
ISGEC is sustaining near all time high levels. Seems supply at previous all time high levels is getting absorbed by new buyers. Keep on radar for closing above 890.
ISGEC Heavy Engineering:
The stock gave a multiyear breakout and closed above resistance in weekly. The breakout is supported with good volume. RSI is in bullish zone since May'2023. In coming days, the stock is expected to give good upside. Keep in radar
ISGEC Heavy Cmp 805 dated 8-9-2023
Weekly Chart (Investment idea)
1. Rounding Pattern of 2 years BO @ 801
2. RSI also on verge of BO
3. Volume BO
Buy @ Cmp target 835-880-950-1000-1100-1170 SL 695
It is just a view, please trade at your own risk.
ISGEC chart looks strong, any dips near 600 will be a strong buy, company has recently started operations in its new ethanol plant, and is a major player in many sectors. I have already made a position. This is a positional pick. Stoploss can be placed @ 540
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor....
On the #ISGEC daily chart, 6 Touch Point With Curve Line breakout. The reversal is also confirmed by the #Nifty/ISGEC ratio chart. chart.
BSE: 533033
NSE : ISGEC
I compared #SURYODAY vs. the #Nifty and its peers from November 01, 2022, and discovered that it has outperformed both the #Nifty and its peers in the sector.
ONLY FOR #educational NOT SEBI...
