Stock is in consolidation for about 6 month. Keep it in the radar
Permanent magnets. CMP:540 sl:450(wcb) Target:610/800 Note: educational post
📊 Script: PERMAGN (PERMANENT MAGNETS LTD.) 📊 Sector: Electrical Equipment 📊 Industry: Engineering Weekly Time-frame Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Already Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. 📈 Script has given...
Beautiful flag pattern breakout. This chart is only for study purpose and is not a buy or sell recommendation
Can be a good buy @ CMP TGT - 450 & 500 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible...
Good to accumulate at this level TGT - 500 & 550 SL - 390 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would...
PML has given Flag and pole breakout on weekly charts. Ideal time horizon for tgt of Rs 500 should be 5-8 weeks, giving a potential upside of 35-40% from CMP 350-360. The stock seems to be a good investment bet and can be accumulated between 325-350 levels. The setup will be invalid if it closes below 280 DCB. Permanent Magnets is one of the flagship Companies...
TARGET ON THE CHART.
Trading idea for long term: Permanent magnets trading in the trend line channel, watch out for breakout from the channel at resistance level. Stoploss at 90
Permanent Magnet is trading in an Ascending Channel with resistance at 120.75. On a daily chart, if the close is above 120.75 for consecutively 2 days then one can go for a new long position. BSE:PERMAGN
Target 255 / 287 / 341 Fresh momentum on D/W/M charts #BoxBO Duration 3 months
Support at 123, can not say about target till some momentum is seen. Three times it shied away from 4/1 resistance in its attempt to cross the resistance, may be fourth time it will be lucky,
Just tested and closed above 2/1 support and has a long green candle today. If it remains bullish in short term, 175.50 can be seen in short/ intermediate term
catch if falls near 135-140 levels (CMP 169.85) you may place bid at CMP as well ..no harm P.S. Stock moves in circuit