NSE: 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...
The 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.
PRIVISCL:- 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...
it is better to exit any rally in this counter.
falling bar volumes are high compared to raising bar volumes on hourly time frame. it's vice-versa of what we have seen during rally.
1000 level could be crucial, it is most likely to fall.
Breakout and Volume looks good
TGT - 2400 & 2600+
SL- 2000
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would...
Privi is breaking out of the resistance zone, and it broke out from the Inverted head and shoulder pattern as well. 2250, 2400 levels might act as resistance zones based on the pattern.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
Chart Analysis of Greaves Cotton Privi Specialty Century Textile
Greaves cotton has given a multiyear breakout. After 6 year stock is crossing the level of 185
Inverse head and shoulder breakout in Privi speciality
Century Textile heading towards 52 w high
How often do we find a stock chart that's constructing a complete staircase, adding consolidation and rise block by block, creating umpteen supports and in turn giving out a structure that's firm,robust and astound !!
On its upward journey in last six odd months this stock of Privy has created a wonderful view on the charts (the referred to time-frame is weekly)...
NICE CHART PATTERN - TREND IS UP
Buy@CMP
TGT - 2040 $ 2100
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would...
