potential multi-bagger of small cap. strong support at 47.
The chart analysed on simple support & resistance and volume criteria. Entry above Rs 64 ; T1/T2/T3 ; SL below Rs 60 Thanks -AJ
Pradeep gives a trandline breakout. favourable to go upside with gud RRR Buy at cmp 62 SL should be below 60 on dclbs tragt 68 RRR 1:4
Paradeep phosphates is moving in ascending triangle and there is still space for volatility compression. One should wait for trendline breakout for an upmove or breakdown from support levels for a downside.
buy @65 tgt-75\100\150\300 buy @65 tgt-75\100\150\300] buy @65 tgt-75\100\150\300
Symmetrical triangle pattern is formed in paradeep phosphates in 15 mins time frame. short term buying positions can be initiated!!
Paradeep phosphate is looking good. one can look for a target of double from here. My idea is for educational purpose.
Stock retesting from their support zone, and moving upside with volume giving indication to move upside will continue.
Post IPO, the stock had moved and corrected from September and has given breakout of trend line with volume. The stock has given breakout on hourly chart with retest but need to confirm the same on daily chart for swing trade. If retests trend line and moves up, 1st resistance will be 62.5, followed by 65.25 and 72 being major resistance as per Fib...
This stock has given a trendline breakout on daily time frame
Short - Term Trade opportunity. CMP: ~ 58.70 ( Buy @ ~ 59) SL: ~ 53.55 Target: ~ 75.40 | ~ 88.20 | ~ 108 | ~ 188 ( Swing traders can exit @ 82.50) ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading...
This is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience. 1. As long as prices move is contained by deceleration channel( parallel channel ), the price action is countertrend, and once complete, it will be more than fully retraced. 2. The upper boundary line of...
Paradeep Phosphate A engulfing candle and after that stock become sideways on lower time frame Keep on radar
There is clear upside price driven by volume with good fundamentals as well
PARADEEP Cmp 66 stock in uptrend good for long term can add deep till 59 target open support at 55
Increasing Volume + bigger than usual bullish bar closing near the top = uptrend = pole of the flag. Sideways consolidation = Forming flag part of bullish flag= confirmation by decreasing volume. Breakout confirmation by increasing Volume.. Estimated Target= length of the pole of the flag.. SL below the low of breakout candle.. Education purpose..
PRADEEP cmp 42.10 Can go 47-50++ Invalid below 40 Volume popup, Positive on Supertrend