NSE:SESHAPAPER
CMP: 347.5
Reason for Trade : TrendLine BO
Entry : Cmp or near Support 340 - 330
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page...
📊 DETAILS
Sector: Paper & Forest Products
Mkt Cap: 2,302 cr
Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.
TTM PE : 6.15 (Average PE)
Sector PE : 7.07
Beta : 1.05
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical...
Stock broke previous High and consistently making Higher highs.
Now stock is on retracement, Best to Buy on dips with proper SL.
Wait for Priceaction for Proper Entry point.
Green Line = Potential target
Red Line = Sl
Never trade without a stoploss.
--- --- ---
The price of the stock is the only true indicator of developments in the Company and market in general. A stock's price backed by volumes, has factored in all the knowns, unknowns, dreams, and impulses of all those who are in the market.
That is why my charts are as clean as...
Seshasayee Paper & Borads Ltd is looking good on monthly time frame. Stock is attempting flag pattern breakout. Keep on radar. Paper sector is also looking strong.
Alert! Bullish Pattern Spotted! 🐻
📊 Pattern: Channel
📌 Symbol/Asset: SESHAPAPER
🔍 Description: Momentum Stock with strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion...
Price action strategy for your educational purpose. 10 days 25 percentage challenge. This idea I'm posting after extensive resaerch over past several days. Please add this stock to your watchlist and follow the script. If you find my prediction is right or wrong, you may comment. Thank you.
SESHAPAPER, cmp 281.85
Found it to be forming a symmetrical triangle pattern. Hence took a first position in prior swing low around 272.5 and added further more yesterday around 276 with keeping the risk around 267 previous swing low of my entry as stop loss
Expecting it to breakout and reach 318 around 15-18% returns
