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.
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Privi Speciality Chemicals Limited
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Trade ideas
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 : PRICE & VOLUME SUPPORTING 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 not be responsible for the profit/loss resulting from this analysis
PRIVI is ready for a ride ?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
Breakout stocks: Greaves Cotton Privi Specialty Century TextileChart 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
A Staircase, to growth and to profitsHow 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) consolidating, breaking out, rising again consolidating, breaking out, rising and so on. And just now it has taken an all important support on a very crucial rising trend-line at 1890
now if it has to follow the pattern it has been following for last six months then it would consolidate over here and then would give a breakout and if it succeeds to through pass a confluence point at about 1972, then another biggish breakout cant be denied
One can try and ride this, but don't forget to put a strict SL at 1800 and ofc, DYOR !!
PRIVI SPECIALITY : PRICE & VOLUME SUPPORTING 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 not be responsible for the profit/loss resulting from this analysis.
PRIVI PRIVISCLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading






















