Prestige Estates Projects Ltd (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Prestige Estates Projects Ltd
Target: RS 1535
CMP: RS 1460.60
ENTRY RANGE: 1445-1475
STOP LOSS: RS 1318
Disclaimer: I am not Sebi Registered.
PRESTIGE trade ideas
PRESTIGE bullish; above 1415 ? - Friday 3-May.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
PRESTIGE ESTATES - Swing Trade - 25th February #stocksPRESTIGE ESTATES (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Retest & Consolidation - Done ✓
#stocks #swingtrade #chartanalysis #priceaction #traderyte #PRESTIGE #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
Prestige Estates: Hindsight AnalysisNote that not all trades would result in huge profits
As per the setup, wait for candle close (since this analysis is on a weekly candle, it's Friday after 3:15PM)
A Higher High Higher Low structure on price action is considered as an uptrend.
- In the weekly chart, identify the first break of Higher High.
- Wait for Higher High retest and enter somewhere close to it.
- Cannot expect a stock to test the exact same value.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest one.
- Calculate the possible loss assuming the stock hits SL
- If you are OK with the calculated loss, enter.
- Trail the SL at every new Higher Low.
- Wait for breakdown of a Higher Low OR Target
Prestige Estate #VWAP LONGStock Name : Prestige Estate
Cmp : 562
Consolidation Range : 90 Weeks ( Rs. 380 - 530)
Break out / Entry Level : 545-550
Target : 680-690
Disclaimer : This is only for Education purpose, I am not Sebi Registered analyst. Kindly take advice from your financial advisor before entering
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Channel Breakout in PRESTIGE
BUY TODAY SELL TOMORROW for 5%
PRESTIGE ESTATES for 25% (approx..) GainPRESTIGE ESTATES PROJECTS shows consolidation Breakout on weekly chart , It has given 20 months or approx 80 to 85 week consolidation breakout and it is important. The Realty sector is also in strength . One can initiate the trade with the help of his personal research. Delivery is also very high on weekly basis.
Here you are seeing the monthly chart breakout on weekly basis.
CMP : 536
TG : 650
SL : Below Previous candle
R/R : 1.8 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery . (To view this, click sedg.in )
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click sedg.in )
4: Fundamental : PE, PAT, Industry & peer PE and sector performance. (To view this, click sedg.in )
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Learning : Stop loss is very important concept in stock market it will protect your capital but prepare to invest in another to recover your money from other one. If you don't know what is this ? how to place it ? go to youtube there are 100's of videos available, learn from it.
" Learning is Life ".
PRESTIGE - Ichimoku Bullish Breakout Stock Name - Prestige Estates Projects 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 603
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Prestige Stock AnalysisWe can buy Prestige at CMP
In Weekly charts There was huge volume breakout in stock at ATH breakout in Sep 2021. It is consolidating in the Box from around 2 years.
Daily chart Yearly R1 breakout. Also good volumes in Daily chart.
Infra & realty sector also in good trend.
SL - 536
Target - 641