Long prestige estateBreakout supported by volume. Upside is possible
only for information and education purpose. please consult your adviser before investing.
PRESTIGE trade ideas
PERSTIGE - BULLISH ENGULFING 📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100
📊 Sector: Realty
📊 Industry: Residential Commercial Projects
Key highlights: 💡⚡
📈 Script is trading at middle band of BB and taking support of middle band which is SMA20.
📈 Already crossover in MACD.
📈 Already Crossover in Double Moving Averages.
📈 Double candlestick pattern BULLISH ENGULFING seen which indicate Bullishness in stock.
📈 Right now RSI is around 56.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 455
🟢 Target 🎯🏆 - 517
⚠️ Stoploss ☠️🚫 - 428
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Prestige Estates Projects Ltd - Breakout AnalysisEnter the trade only if it breaches the previous rejection zone.
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Prestige on Bullish This script traded under the channel pattern and takes the support at Weekly trend line as well as channel support line.Target is the resistance of the channel pattern and stoploss is below the channel pattern support line weekly close.
DISCLAIMER:
I am not a SEBI registered person this is not an investment tips it's just for an educational purpose. So don't take any trade blindly based on this analysis discuss with your financial advisor before taking any trade. I am not responsible for your profit or loss.
PRESTIGE Cup & handle !!NSE:PRESTIGE
#NSE:PRESTIGE formed beautiful cup & Handle pattern.
Good above 520 with Sl of 500 for Intraday !!
**Only for Practice.
Happy LEarning !!
Prestige estate BullishPrestige Estate seems strong weekly closing
indicates rally may continue further
concentrate if price sustain above 516 in daily
Prestige - Weekly TFView for next 3 to 12 months
Can result in a great percentage
Risk reward ratio looks pretty good
DYOR
prestige industries All detail for chat. good entry at 460 to 470 around price, and must stoploss is 435 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Prestige in buying zone for swing. Buy prestige in CMP and TGT will be 569.
Enter in CMP
Target - 569.
Losing valume in selling side. buyers will come in .
Prestige Estates - Will it move up or down?It most likely will correct itself today before moving up. The previous three candles are not too convincing to carry itself up. You can place this on your watchlist 'cause the overall trend is up!
The daily is clearly in the oversold areas. However there is still space for it to move lower!
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
PRESTIGE:Nearing end of Impulse cyclePrestige has shown impulsive rise from the levels of 285 till cmp of 540.Following patterns were observed
wave 1:sub-divided in 5 lower degree waves.
wave 2:retraced 61% wave 1,sharp reaction.
wave 3:161% extention of wave 1 target achieved
wave 4:as wave 2 was sharp and shorter in terms of time,wave 4 turned out to be shallow retracement of of wave 3 and longer in terms of time.Also wave e of triangle is a triangle in itself,typical triangle characteristic.
wave 5:Post triangle thrust in the form of wave 5 is observed,wave 5 price target pf wave 1 equality is achieved and price has also entered triangle thrust target zone.
So far it seems like we might have completed higher degree wave 1/A and current breakout might not sustain,Going ahead we can see price correcting in the form of wave 2/B.One should wait for following trade setup criteria to match inorder to initiate short trade.
1)Price forming bullish reversal candle(Doji,Dark cloud cover,bearish harami,bearish engulfing,evening star)
2)Price breaking 5 day ema
3)Price crossing reversal candle low.(it seems like we are forming reversal candle today itself,as clearly we have longer upper wick then body).
Once this criteria is matched one can go short with reversal candle high or pivot high made as initial stop-loss, target of wave 4 low coming at 450 can be initial target.(which is also 38% retracement of entire 5 wave impulse cycle considering wave 5 ending at today's high).
Risk reward would depend upon entry price however i feel one can enter below 532 with a stop-loss of 554 and target of 491-455.
Disclaimer:This are just my view on the stock,no position should be build or exited on its basis,posting this just for my future reference.
Prestige - WeakPrestige :
Gapped up and Breakout not sustained
Below 500, might fall back to 480 soon ( 1 to 2 sessions)
Prestige Estates Looking GoodDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
PrestigeFollowing upward channel
Broke out of symmetrical triangle and retest also done
Along with bullish harami candle
Keep sl 464
above 487 it will blast
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 adviser before taking any trade.
Prestige BullishPrestige estate Looking long buildup in the range
concentrate for BTST if price sustain above 504 in 4hrs
PRESTIGE #TAView #OnlyEducationalMoving in channel, closed above the middle of the channel with good volume. Will reach top of the channel soon
PRESTIGE ESTATES BUYING LEVELSPRESTIGE ESTATES BUYING LEVELS
u can try this stock
weekly and daily in good trend try pull backs
Break out inside the patternThis guy breaks the multi-year trend line resistance. Give almost 50% in half month.now it is consolidates in channel pattern and it breaks the minar resistance. The better entry may be possible here.ALWAYS CALCULATE RISK.
Prestige Estate ready for BreakoutA good uptrend stock.
healthy consolidation for almost 3 4 months.
now ready for breakout .
ENTRY- flat opening or small gap , can make entry
SL- initial for swing (accordingly manage position size)
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Consolidation/VCP pattern in Uptrend, Can touch ATHUptrend followed by VCP pattern.
Base breakout possible above resistance/pivot levels
Prestige A good BUY?1st of all Happy New year to all
Prestige has given a good breakout followed by retracement in monthly timeframe and the volumes look fantastic
not onl that in daily time frame it has given a Symetrical traingle breakout
its definetely and entry
#Peace
