Watch for flag breakout in NELCO. Monthly trendline resistance at the top.
Detailed analysis given on the chart NSE:NELCO
*for educational purpose only Wait for breakout with volume.
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Buy @ 365 (Do not chase) Sl @ 345 Target @ 420, 440 and final 470
nelco chart analysis for intraday and swing trading
Sell only @360, SL-365, TGT-353 Buy @370, SL-365,TGT-377
Sell only @365, SL-379, TGT-355 Buy @374, SL-370,TGT-382
#NELCO LONG TERM VIEW - India has approved backhaul satellite connectivity via VSATS - Nelco Ltd., a Tata group co. is the largest VSAT provider in the country and trades cheap at a mktcap of just Rs.800crore. - Currently Accumulating - Buy for multi-bagger gains. BUY on the Triangle Pattern breakout near 394 SL 349 TARGETS 25% Gain in Mid Term.
After the breakout of Cup and Handle, gave strong momentum up move. Now post-breakout, trading inside triangle of flag and pole. Very good risk to reward trade. On daily charts, trading inside candle.
HELLO,I WOULD LIKE TO TELL U ALL ABOUT THIS VCP PATTERN OF MR.MARK MINERVINI.I WAS NEW TO THE MARKET SO I WAS LEARNING DIFFERENT THINGS ,I LEARNED ABOUT DIFFERENT PATTERNS AND STRATEGIES TO USE THEM FOR MY GOOD AND THEN I GOT TO KNOW THIS VCP PATTERN WHICH SUDDENLY SPIKED MY INTEREST IN STOCK MARKET.IT MADE ME REALISE THAT TRADING AND MAKING MONEY CAN BE VERY EASY...
NELCO (W):- 379.6 CMP LOOKS GOOD FOR MORE UPSIDE:) 1) Multiyear Breakout :) 2) Volume Spurt
NELCO LOOKS GOOD TO ME TARGETS COULD BE 280,310 STOP-LOSS SHOULD BE 240 FORMED HARMONIC PATTERN AND PARALLEL CHANNEL PATTERN