Pennar industries. CMP: 41 sl:31(wcb) target: 50/61/70/79 Educational post
Penind Buy Setup : good volume in up move can lead to higher side. trade small qty
BUY 47-47.30 T1 49.20 T2 51 SL 45 -DKM SIR I can see the upmove
This idea is just an educational Purpose. Target mention in Chart. This stock has already move 10%+ from support area. There are chances It may go Up Now. TF - 2 to 4 weeks. Buy at CMP Else wait for cross the 32 Rs level.
rounding bottom breakout. rsi above 60. adx above 30.
Penind Cup & Handle on Weakly Time frame ! *for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered
pennar industries has been trading in channel /range since september.. can give a channel breakout above 32.15 shorterm target 36 SL 29.90
Cup and Handle on weekly charts CMP - 37 Target - 42/49 SL - 29 High Volumes Pls follow Proper Risk management
PENINDIA CMP 35.85 Pattern - RP Long trade Above 43 Target 50, 57
HI.. Traders.. PENNAR INDUSTRIES is at good level . Recently stock has brocken channel pattern upside with high volume it may continue.....
Pennar Ind has multiple emerging patterns on the chart and at any time it will gain momentum
Triangle breakout and bullish MACD crossover in Pennar Industries Limited
TARGETS expected in 2 days . I am not SEBI registered
Currently the stock trades at 51% discount to its January 2018 high of Rs79.45. One can accumulate this stock with a stop loss of Rs.30
It always take a support at 20MA so when the red candle hit red line there might be chance of bounce back.....also it is in an uptrend
Penind Long Stock is at 200 week EMA Wait for weekly closing above 30 Buy above- 30 SL- 27 Target- 36, 39 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Flag BO on daily. 27+8 = 35 could be the next target