-> Long on PGHH -> Entry, Buying and selling price mentioned on the chart -> High probability trade as pghh is a long-cap stock
With strong Fundamentals, and Low P/B ratio. Technicals showing upside. But witg failed breakout. Will it give 10% to the upside?
In watchlist for breakout close ATH broken but would be interested for close above the last ATH
Attached: PGHH Daily Chart as of 23rd June 2023 Pharma Sector is showing Strength while the Broad Market goes Cold witnessing Profit Booking And so this is one Pharma MNC Stock with a Buy Setup - Price has given a Breakout Buy Signal on Friday - Either Wave 3 or Wave C Upside at play - Stop Loss can be put at Low of the Day or < 13950 2 Upside Targets for this...
In the Weekly Chart of PGHH , we can see that; it has given breakout from cross trendline. Enter on retest as shown in graph for better Risk ratio award.
pghh forming triangle we can enter after the breakout confirmation. this is good for swing trade. this analysis only for education purpose
PGHH has formed an upward trend line on a log chart. Price touched it 6 times and every time it bounced from it. Situation now is different. Currently it has been consolidating near 13800 for almost 2 years. Hence this time it did not bounce from the trend line. It shows some signs of weakness. This means it has a neutral opinion based on chart patterns. Hence it...
The stock seems to be flashing 3 sell signals: -> A topping pattern -> Break below 200 DMA -> Break of trendline from 2020 lows Typical target based on this pattern would be around 12350, which also seems to be very close to the important wave 4 price extreme around 12130
The script has 1) Broken 200 DMA though returned back and is trading above the value 2) Exhibites a clear H&S pattern and a huge breakdown candle crossing the neckline. The trgt levels are marked in the chart. This is for academic purpose only.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Good Volume breakout, base breakout, Above all DMAs All time high
PGHH possible to move down A rising wedge formed in price action area, A bearish divergence shown.
buy above 14400 for Intraday and Swing safe buy above 14600 for swing trade keep stoploss below 13500 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only...
The stock is set to move higher ....see charts for targets
Given positive breakout above bullish level. Seems to be in bull mode.. Buy any pull back near bullish point trading levels marked... Happy Trading Like .... Share.... Follow.....
Views On Nifty & Bank Nifty: Market again played ping pong with market participants. Nifty after falling in the early session , saw see-saw action and post lunch closed flat. Bank Nifty on the other hand remained negative throughout and closed with negative bias. As predicted Nifty closed below 17400 and Bank Nifty below 36800. Data Analysis: In the cash market...
Market Cap ₹ 44,679 Cr. Current Price ₹ 13,764 High / Low ₹ 14,404 / 9,691 Stock P/E 68.6 Book Value ₹ 220 Dividend Yield 0.76 % ROCE 93.6 % ROE 69.6 % Face Value ₹ 10.0