PRINCEPIPE
Buy : 678
Target : 745
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
PRINCEPIPE recently experienced a breakout with significant volume last month. Now, if we examine the weekly chart, we can observe that the price is currently testing the breakout level, which previously acted as resistance. At present, the price is trading near a crucial support area.
📉 Bearish Candles and Volume Divergence:
On the daily chart, we can spot six...
The stock beautifully consolidating and we can also see some beautiful rejections.
If this level was breaks, we can expect good up move.
Only for educational purpose.
PRINCEPIPE: Prince Pipes & Fittings Ltd
PC-A = PC-B
Exactly Same
#WondersOfPC
Technicals:
• Strong retracement from lower support of PC-B
• Script is respecting the Parallel Channel levels at every levels
• Last candle's close above 580 is conforming the BO for Midline of PC-B
• Taller green towers in volume indicating support for stronger breakout, and Rounding...
Chart -> Prince Pipes Weekly
A falling wedge breakout in prince pipes may end the downtrend.
CMP: 598
Targets: 650 and 730
Good range: Around 575
SL: 545 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Prince Pipes Cmp 598 dated 2-12-2022
1. Ascending Triangle Bo @ 600
2. Price Rise with Volume Rise
3. RSI BO
Buy Above 600 for target 625-650-670-680
SL 565
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By...
Princepipe give a breakout of ascending triangle pattern. One can enter with 50% quantity above breakout High and remaining 50% after retest. Stoploss below breakout candle or recent swing low.
Princepipe company going to release their quarter result on August 9, 2022. Trade accordingly.
Disclaimer :- I'm not a SEBI registered analyst. Information given is for...
