Privi Speciality The chart shows a rounding bottom on monthly tf and price sustaining above breakout on technical basis i expect
Targets of 3400 and 5000 in a longer horizon
PRIVISCL trade ideas
Privi Speciality Chemicals Ltd. (PRIVISCL)This is Privi Speciality Chemicals Ltd. weekly chart.
As you can see the:-
In order to draw curved trend line we always require 3 consecutive pivots.
As you can see, by creating a simple trend line we were not able to get the correct starting future point.
Now we insert the third point in the curved line. Thus, we easily get the fourth support point in the future.
PRIVISCL stage 2 continuation breakoutPRIVISCL stage 2 continuation breakout
Entry 2565-2640
SL 2363
Only for journaling, not a trading/investing tip.
This post is for my personal use.
Note : only for learning, not a trading recommendation. i am posting as a trading journal for learning before and after breakout.
Privi Speciality Chemical cmp 2479.70 by Daily Chart viewPrivi Speciality Chemical cmp 2479.70 by Daily Chart view [/ b]
- Support Zone 2382 to 2425 Price Band
- Resistance Zone 2500 to ATH 2540 Price Band
- Ascending Triangle pattern Breakout in the making process
- Very considerate VCP pattern seems formed on the stock chart
- Volumes seen getting in close sync with the average traded quantity
PRIVI SPECIALITY CHE LTD#PRIVISCL DAY CHART
SWING SETUP
Above - 2381
Stop - 2261
Target - 2500/2620/2740/3000++++
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Price Action - Privi SpecialityPrivi Speciality chart is making Higher High and Higher Low formation.
Can Buy above 1945 level and keep stop loss at 1850 level.
On Weekly chart it has come out of long base.
Shall go long agrresively above 1945 level.
PRIVISCL: Strong Buy Zone with Breakout PotentialTitle: "PRIVISCL: Strong Buy Zone with Breakout Potential – Backed by Excellent Financials"
Stock: Privi Speciality Chemicals Ltd. (PRIVISCL)
Analysis:
Privi Speciality Chemicals is currently trading in a Buy Support Zone on the daily timeframe, offering a potential entry point for traders. The stock is backed by strong financial performance, with:
Quarterly Revenue: ₹522 Cr, a 20.2% YoY growth.
Quarterly Net Profit: ₹47 Cr, a robust 75.1% YoY growth.
Ownership Changes:
Promoter Holdings: Increased from 72.72% to 74.05%, reflecting strong confidence in the company’s growth potential.
FII/FPI Investors: Increased from 29 to 33 in Sep 2024 quarter.
Institutional Investors: Marginal decrease from 3.26% to 2.92%, with Mutual Fund holdings slightly reduced from 2.59% to 2.29%.
This combination of strong fundamentals and promoter confidence suggests a high likelihood of a breakout soon.
Technical Setup:
Trend: The stock is consolidating at support, poised for a potential upward move.
Volume: Watch for an uptick in volume to confirm the breakout.
Trade Plan:
Entry: At CMP or on breakout above resistance.
Target: Initial target at ₹1430; mid-term target at ₹1500.
Stop Loss: Below the support zone at ₹1280.
Note: With excellent financials and growing promoter confidence, PRIVISCL is well-positioned for an upside breakout.
PRIVI SPECIALITY CHE#PRIVISCL
Looking good with decent volume,
focus if the stock breaks 1815 level
with the target of 1870 and 1930
PRIVISCL - Weekly AnalysisIn the Weekly Chart of PRIVISCL ,
we can see that, it has given Inverted H&S breakout.
Let it retest and the enter with SL & Targets.
PRIVISCL𝐓𝐨𝐩 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭 𝐒𝐭𝐨𝐜𝐤𝐬 𝐅𝐨𝐫 𝐓𝐡𝐢𝐬 𝐖𝐞𝐞𝐤 ⬇️
🔸𝗣𝗥𝗜𝗩𝗜𝗦𝗖𝗟
-capex is up and borrowings are down
-highest ever sales and sustained margins above 20%
-increased cash from operations year over year
PRIVISCLPRIVISCL LTD
CMP 1763
3 month consolidation zone breakout
Breakout with volume
Can be a bull trap if not sustain above 1750
History of falling after Results.
Upside Breakout in Privi Speciality Chemicals LtdPrivi Speciality Chemicals Ltd NSE:PRIVISCL
The price has broken upward out of a trading range, suggesting the beginning of a new uptrend.
The Upside Breakout pattern features a trading range where prices move sideways between two parallel horizontal lines. This pattern typically indicates a pause or congestion area within an existing trend, though occasionally it results in a reversal of the previous trend.
Regardless, an upside breakout through the upper resistance line signals the end of the consolidation period and the onset of an uptrend.
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade
PRIVISCL- LONG FOR 40 %on weekly charts ,
price crossing weekly level
price bouncing from 18 week EMA
EMA fan getting established
MACD positive crossover
LongStock given Bo at 1353 then went upto 1717 then took support near 1437 made a consolidation range there and formed a traingle pattern making base line then given Breakout at 1508 and stock is at 1609 which is a good weekly closing expecting more bullish above 1717
PRIVISCL | Looks good for a 40-50% movePRIVISCL | Looks good for a 40-50% move
CMP : 1435
SL : 1200
Target : 2100
PRIVI SPECIALITY CHEMICALS - Rounding bottom with fresh volumesRounding bottom with fresh volumes.
Targets(T1, T2 & T3) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains.
Also keep tracking quarterly results to monitor performance.
PRIVISCL - Bullish Consolidation with volumesNSE: PRIVISCL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 16% to 22% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
PRIVI - STRONG STOCKThe stock within CHEMICAL Sector is currently holding strong. Results were also good and OUTLOOK is also promising.
The stock is in Bull channel. Buy at current market price and on dips upto 1160.
Stoploss 1100 on closing basis.
First Target 1420 and above this will move towards 1750 1800 1900 zones.
PRIVISCLPRIVISCL:- The stock is about to give a breakout by trapping the sellers, if the stock sustains above the level of 1150, then we can see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Privi Speciality Chemicals BullishLong Consolidation Breakout in Daily Timeframe. Breakout from Parallel channel
