Dear Followers
I Hope this message finds you well. I wanted to provide you with an update on the stock NSE:ORIENTBELL you've been following. The stock has recently taken support at a key level, indicating a potential opportunity for a short-term trade. my analysis suggests that there might be a favorable entry point for a short- Term position.
Stock Name- ...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
Head and shoulder Breakout seen on daily chart with good volume.
Price re-test the breakout line and given jump of 9% which shown strength of Breakout.
This is only my personal opinion and there is no recommendation of Sell/Purchase
When it down at 680-85 levels it May High chance to reverse to previous resistance levels . Because 680-85 levels swing level support . It can be swing Trade only . Don't for position Ilan intraday
Orient Bell Ltd
Stock On weekly Chart forms Cup & Handle Pattern and give breakout with good volume
Also on daily chart forms bullish H&S pattern.
Now stock will retrace after this BO.
Can be add at 650 levels at trendline support levels.
For positional targets of 870 to long term targets of 970.
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Note:
Above levels are for education purposes...
NSE:ORIENTBELL
Cmp : 709.30
Entry : CMP OR on a pullback of 695
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose...
Entry price: 672.05
SL - 735.9
Target - 631
Note: View shared for educational purpose only. Conduct your due diligence before making any trading/investment decisions.
The reason i select this stock, coz 99% stocks are falling, very rarely any stock moving up. and this stock given breakout that's why it grabbed my attention. i explained everything in this video if you have still confusion, pls comment.
The stock has given a cup and handle pattern breakout on weekly time frame and if the weekly candle closes above the 9-year-old trendline, we can expect a good upmove in coming weeks.
There have been good volumes in last 2 days and we had shared this trade in our equity reserach both the days.
Fresh entry to be taken above 734 level for short term target of...
A Fibonacci fan is a technical analysis charting technique that uses the Fibonacci ratio to predict support and resistance levels graphically.
The Fibonacci ratio can be used to describe proportions in everything from nature's smallest building blocks, such as atoms, to the universe's most advanced patterns, such as unimaginably large celestial bodies. Nature...
#ORIENTBELL - RT Idea
CMP : 415.40
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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Reason for long
a) channel breakout with volume
b)vMA breakout
c)All time high breakout
Duration 10% and risk is 10% so qty accordingly in order to minimize the emotions.
With quarterly sales increasing by 24% and quarter profit increasing by 64%, NSE:ORIENTBELL posted good set of numbers and the share broke out of a 6 month old trading zone. It came down to its support at Rs. 421 and now bouncing back. It's a good buy at this level with a stop loss around Rs. 420. Either sell below the stop loss or when the share closes below...
