Peninsula Land set to achieve 65 after breakout on a daily basis SL 46
NSE:PENINLAND ✅ #PENINLAND trading above Resistance of 40 ✅ Next Resistance is at 68 Related charts: Charts are 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 only. This...
Bottoming out, invest soon & hold for 1 yr
Long term buy call position can be taken from CMP and add on deeps at 27 keep SL 24(Weekly )
Peninsula Land can be bought at CMP of 18.75 with minimum target of 21.5 and higher. Stop loss can be placed at 18. The stock had run recently with high volumes and made a high of 23.5. However, during the correction the volumes were low. This indicates that the stock has more chances to go higher than lower.
Price makes lower low while RSI and MACD have showed a divergence with super trend confirming the trend.
It has touched its 200SMA and coming back . Watchout for this stock as the CCI too shows a confirmation
cmp 20.3 stop loss 19.3 trgt 22.3