Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
Strong Breakout..
Good Volume..
Positive...
📊 DETAILS
Sector: Cables
Mkt Cap: 2,345 cr
Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables,...
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL Day candle close only, Target Trigger Price
-symmetrical triangle breakout
-took support in 50 EMA and bounced back
-volume is decent
-rsi & adx rising shows momentum
-Macd also showing upside momentum
Precision Wires India Ltd has given a breakout on a daily time frame. The stock can head towards 155 and 170 levels in the short term. Also, good volumes can be seen on a daily time frame. The stock has support at the 141 level. CMP: 143. #PRECWIRE.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult...
After a cup with handle breakout the stock went into a consolidation of 13weeks.
Today we experienced high IV and stock firing up 6% intraday. A low cheat entry triggered for me today so took an entry while closing hours.
96 is the the crucial level to watch for. A weekly close above it would confirm an upward bias move.
Stock is trading above all key moving...
📌Volatility Contraction Pattern📊
✅Must add to your Watchlist
PRECWIRE
+ Volatility and Volume Contraction
+ Trading above Key EMAs
+ Good Volume Buildup
#PRECWIRE
It is the largest producer of Winding Wires in South Asia.
Market Cap₹ 2,288 Cr.
ROCE 26.8 %
InstHold 0.11 %
Return over 1year 64.9%
Cup & Handle Breakout above 135.
#StocksInFocus
Chart Analysis:
PRECWIRE has been exhibiting a strong and steady uptrend, marked by a series of higher highs and higher lows. The stock has been resilient, supporting key Simple Moving Averages (SMAs) even during the last market correction, showcasing its inherent strength.
Technical Indicators:
The stock is currently above its 50-day and 200-day SMAs,...
NSE:PRECWIRE
Cmp:
Entry: Current price
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the
educational purpose only, we are not SEBI...
NSE:PRECWIRE
✅ #PRECWIRE trading above Resistance of 121
✅ Next Resistance is at 148
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...
Detailed View about this Breakout:
No.of Resistance: 4
No.of Support: 4
Consolidation Days: 500+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
