SANGHVIMOV trade ideas
Bullish Flag pattern in SANGHVI MOVERSA Weekly Bullish Flag and Pole pattern is visible on the charts of
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the NSE:SANGHVIMOV
MACD gave Positive crossover on Daily chart , Monthly chart and on weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 740-760 levels with the stoploss of Rs. 620.55 on weekly closing basis. The 1st target will be 840.10 , 2nd target will be 928.10, 3rd target will be 1008.20, 4th target will be 1096.65 and fifth target will be 1184.55.
Falling wedge or bullish flag pattern breakoutVolumes in daily and weekly timeframe significantly good.
After breakout significant volume build up on each candle and also broke all time high with good volumes.
Falling wedge or bullish flag pattern breakout successful.
NOTE: I do my analysis, do your before trade.
Sanghvi Movers Ltd - Long Setup, Move is ON...#SANGHVIMOV trading above Resistance of 998
Next Resistance is at 1363
Support is at 633
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in TORNTPOWER
BUY TODAY SELL TOMORROW for 5%
SANGHVIMOV - Ichimoku Breakout📈 Stock Name - Sanghvi Movers Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1324.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Sanghvi Movers - New PivotThe company gave a beautiful result and did almost 60-70% additional capex than originally expected.
The future is bright for this company and if the can keep up this yield of over 2.2% the stock future is bright.
Buy around 950 with a stoploss around 850.
An additional wedge breakout buy above 1050.
Sanghvi Movers Ltd - Long Setup, Move is ON...#SANGHVIMOV trading above Resistance of 781
Next Resistance is at 998
Support is at 537
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SANGHVI MOVERS LTD SWING TRADE IDEA STRENGTH AND OPPORTUNITES
1. Strong Momentum: Price above short, medium, and long-term moving averages
2. Company with high TTM EPS Growth
3. Strong Annual EPS Growth
4. Effectively using its capital to generate profit - RoCE has improved in the last 2 years
5. Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
6. Company with Low Debt
7. Company with Zero Promoter Pledge
8. FII / FPI or Institutions increasing their shareholding
9. Near 52 Week High
10. Highest Recovery from 52-Week Low
11. RSI indicating price strength
12. Piotroski Score = 7
ACTION PLAN
BUY SANGHVI MOVER if it closes above 868.70 STOP LOSS close below 792.75
BIG SHARK INVESTORS
1. Girish Gulati = 1.98%
DISCLAIMER
The content above is solely an opinion and not financial advice. It is provided for general informational purposes, and any reliance on it is at your own risk. Consult with a qualified financial advisor before making any investment decisions. The author is not liable for any errors, omissions, or losses arising from the use of the information. Investing involves risk, and past performance is not indicative of future results. By reading the content, you agree not to hold the author responsible for any actions taken based on the information provided.
Sanghvi Movers Ltd - Long Setup, Move is ON...#SANGHVIMOV trading above Resistance of 633
Next Resistance is at 781
Support is at 448
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in SANGHVIMOV
BUY TODAY SELL TOMORROW for 5%
