chart self explanatory. this is only for educational purpose not recommendation of any kind.
Channel breakout in PTC India Ltd. Good time to take long position.
Look how beautifully FIB retracement is followed Also the resistance trend line broken and tested SO stock will rise up BUY BUY BUY
A triangle breakout is possible in ptc india the conformation com NSE:PTC es when it closes above the trendline on the daily chart...
Stock is near important resistance of 104 and may try to break it soon. If breakout sustain next target can 116 and 126. Keep it on watchlist and buy if close above 105 with SL around 102.
1- pull back in 1 day time frame 2- morning star pattern in oversold stochastic condition 3-respecting 50 day moving average- which is healthy trend tgt -107
PTC : Good buying can be seen - Filtered from Strategy#2 - near demand zone (till 97) - near suport line - anytime we may see reversal here - 90 can be good support - R:R favorable Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before...
long term investment(6 months) good fundamentals 800 crore of free cash can double in a year
Theory behind 3 Valley strategy... 1. The three rising valleys pattern is preceded by an uptrend usually, but can be preceded by a downtrend as well, and the pattern itself suggests a break further to the upside. 2. There are three valleys, the second valley's low price is higher than the first valley's low, and the third valley's low is higher than the second...
DAILY SWING CALL // Wednesday 7th of April 2021 / NSE:PTC // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 83.65 TARGET: 96 (15% Around) STOP LOSS:...
One can watch out for next level in 3 digits 1st target 109 in its 3 digits journey as suggested for by Fib retracement levels. Idea is good for positional view. Entry on closing above 97. Please HIT the like if you agree and want more analysis in future. also you can discuss more !!
FLAG PATTERN BREAK OUT IN WEEKLY BASIS IN PTC INDIA LTD. TGT IS 91/94/100 IF BREAK 100 THEN MORE UPSIDE LEVEL WHEN OPEN SL IS 77. RISK IS 10 POINTS AND REWARD 13 POINTS. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
PTC has given breakout with volume in daily TF. Pattern : ROUNDER BOTTOM
PTC making broadening top pattern , It recently broke the three year resistance line with good volume and Sustaining . Buy it for immediate target of 100-102 till the resistance line.If it breaks it can move toward 107 Warning: This idea is only for Educational purpose . Please do your own analysis or consult your adviser before putting any money.