PGHL trade ideas
Investment/Positional opportunity for 50%P&G is a really good fundamental stock for long term and has corrected a lot from it's highs. A good opportunity to buy as there are good chances it will bounce from this important resistance-turned support level.
Buy now and on dips till 4700. Target will be 6400 and 7400. SL isn't required in good fundamental stocks but If someone wants, it can be 4200. CMP-5000. Do follow for more such ideas. Thank you!
PGHL: Elliott Wave TheoryThe PGHL is in the correction phase of Elliott Wave.
Last wave (5) has been over at 7472 levels and 9 months was time frame. Further, ABC correction started, A is about to complete this month (Nov-21) with 61 % fib retracement from Top levels (7472-2891 = 4581 * 61.18% = 2802; thereby, 7472 - 2802 = 4670 completion of wave (A)) with the same time frame of 9 months.
Wave (B) will be from Dec-21 to Aug-22 from the 4670 levels to 6383 levels.
Wave (C) will begin in Sep-22 from 6383 levels and expected to complete in next 9 months by May-23 at 4670 levels.
This will complete the cycle and a new progressive wave cycle will start after Jun-23. I will keep posted.
PGHL (Procter & Gamble Health Ltd) || Elliott Wave Analysis |PGHL Monthly Chart Analysis
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1) PGHL is trading at the approx 29 % discount value from the all-time high.
2)Since the last three months, it has been consolidating in the range (Marked in the Red Box).
3) Upside Range break out is an entry trigger.
4) Daily Close below 5100 is Stop Loss.
5) Fibonacci Projection of .618 of Wave 3(i.e point 2 to point 3) from our assumption of Wave 4 low(touching the lower trendline), gives a target for Wave 5 as 8038
6) Favourable Risk to Reward approx.(1:10). 4% stop loss, 48 percent target
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Please note that Daily volume is not very high in this Stock, so it is a very volatile stock.
* I am not a registered analyst.
Procter & Gamble Health Ltd looking at cmp Procter & Gamble Health Ltd looking at cmp 5441add more at 5300 sl below closing basis 5125
Buy Procter and GambleBuy Procter & Gamble Stoploss 5420 Target 6000+++
Parallel Structure Breakout and Retest
PGHLDISCLOSURE
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This is not a recommendation
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Do not TRADE/INVEST basis what I publish here
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I and my clients might or might not have a position, I and my clients might or might not have a opposite position
Retracement Completed in PGIL: Ready for upmovePGIL: Proctor&Gamble Health
It is currently taking support from 61.8% Fibo levels which is also its previous resistance acting as support.
Can go long with SL of 5200(CLBS) for targets of 5700/6140/6660/7500
PGHL :: Investment BetOne can start accumulate from here for long targets
can give good R:R in long term...
Hit the like button, Do follow my page and inbox me for more details regarding Entry/Target/Sl...
PGHL price taking support forming a Triangle pattern Big move I will buy PGHL because :
It has been taking support at the trend line .
It is also forming lower heights
It is forming a Triangle pattern
If it breaks the support look at shorting
Entry : 5430
Target : 7527
Stop loss : 4997
Buy Procter and Gamble (Play the Range Structure)Buy Procter and Gamble Stoploss 5250 closing basis
Rangebound Structure:
Demand Zone and Supply Zone mentioned on Chart
PGHL at supportPGHL is trading in the buy zone on day chart time frame. Accumulation at this price can be done.
PGHLWith increased volume....................................................................................................................
PGHLOn above chart we can see ultra high volume candle which is 1st sign of stopping downtrend.
After that we can see breakdown with lower volume than ultra high volume candle suggest support is very close..
On weekly chart support zone is marked on chart..
Entry - 5625
SL - 4995
Target - 7500
Risk/Reward - 1:3
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Above analysis is for study purpose only...
SEE CHART FOR ENTRY & SLSTCOK ALREADY TOO MUCH CORRECTED AFTER BRK OUT
R U READY TO TAKE SMALL RISK ?
SEE CHART FOR ENTRY & SL
Procter and Gamble Health LtdA strong fundamental stock is taking support at its 38.2% retracement level. What else can one ask for? Buy with a stop loss of Rs.5725 on closing basis (decisive breakdown). Targets can be all time high in a few months.
PGHL Fibbonaci retracementafter heavy selling price is retracing towards 51 & 60% Fibonacci levels around 5200-4800.
watch the volume in this range for strong buying reversal
