8 Day + Hourly Just above 300 ema apna, testing- Balaji (SUPER No Change Required + EMA )
1) Jai Balaji Pattern
2) 4x Set up
3) Ready to break through as Fundamentals seems promising
Pokarna Ltd. has been in a downtrend for quite a bit, but this week it is breaking the structure of the downtrend and shifting to an uptrend.
Buy Eligibility will require
I. The price to close above 420
ii. The high of this week is to be broken.
The chart is for educational purposes, and trade as per your analysis.
Trend line Breakout in Pokarna Ltd
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the...
Pokarna Ltd
Pokarna established their Granite business renowned for its quality, uniqueness, design and variation.
ROCE 14.6 %
ROE 13.8 %
Debt to equity 0.90 ,Promoter holding 56.7 %
Piotroski score 7.00
Sales growth 3Years 22.7 %
Unique business with high momentum growth stock
keep in radar.
like follow and share .
Complex Inverted Head & Shoulder Breakout
Pokarna
Entry Above 436
Sl 396( D.C.B)
Target 500-620
Disclaimer: I'm Not A Sebi Registered Advisor.
This Is Only For Educational Purposes.
This Is Not A Recommendation For any
Buying Or Selling .
Trend line Breakout in POKARNA LTD
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the...
Stock Name - Pokarna Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 464
#This is not Buy and Sell recommendation to any one. This is for education...
My wave analysis suggest a nice buy is possible with GOOD RR. Initial SL is a bit low for now, but then we will TRAIL it and i will update you here.
Happy Trading.
With the US removing anti-dumping on Indian produced quartz but maintaining it on China and other east asian countries...tons of exports are happening from India.
Long above 390 with stoploss below 367. The stock will break out of the downward trendline resistance.
The 2 blue lines of AVWAP can be used as levels to pyramid above.
Pokarna has completed its impulsive wave c of the corrective wave ((4)). Wave C has traveled 100% Fibonacci extension of wave A at 548 .
Currently, the price has broken down the A wave at 585. If it sustains below 585 , traders can expect the following targets: 558 - 536 - 505 .
505 is strong support because corrective wave 4 accomplish near the corrective...
Key Level: 730
POKRANA has completed corrective wave ((4)), and price surged for impulsive wave ((5)).
If the price breaks the corrective wave b, traders can expect the following levels for impending impulse thrust:
TP 1: 752
TP 2: 770
TP 3: 800+
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
