Multi level trendline resistance break out and taking support from the resistance. 15% Up - Positional trade as per technicals. Comment your views.
expectiong 5 to 6% upmove from current levels. shardacrop has given a breakout from triangle pattern for medium term expecting an upmove of 20 percent from cmp
Traingle breakout with high volume in Sharda Cropchem Limited
Sharda Corp Looks Good For breakout. 1 :1 RR. Entering early to manage risk.
parallel up trend in weekly time frame in between forming descending triangle pattern immediate previous high target
Macd crossover Morning star candle RSI bounce back
in weekly time frame it is taking support fron lower trend line of channel pattern And in daily time frame it broke the trndline RSI is also crossing 60 Volumes also good We can make long position with small SL
expectiong 5 to 6% upmove from current levels. shardacrop has given a breakout from triangle pattern for medium term expecting an upmove of 20 percent from cmp
Monthly Time Frame Stock is in a UP Trend makin HH & HL . Weekly Time Frame Stock is bouncing off Channel Patten Support Trend Line (Buying volume increased). Daly Time Frame made a Inverse H&S pattern (Trend Reversal) and now the price is in sideways movement . Enter @ 335 SL @ 300 (11% DOWN SIDE) TGT @ 395 (17% UP SIDE) RR @ 1:1.5 ( GOOD)
1. Good to enter at CMP. 2. Trendline breakout happened and support taken on trendline in the retracement. 3. Target 420/500 4. Average till 300, SL : 250 Disclaimer: This is educational purpose only.
SHARDACROP >>> CURRENT THEME BASED STOCK ALSO BULLISH H&S FORMATION WITH VOLUMES IF BO H&S AND SUSTAIN >>LOOK FOR LONG ENTRY ITS SHORT TERM TRADE ...
sharda crop has formed inverted hs which indicates bottom is in place , can be bought at cmp 375 for target of 550
SHARDACROP Forming Cup with handle pattern
SL 310 TP 550
Video Analysis of Sharda Crop. Accumulate 310-350
SHARDACROP is making cup with handle Targets is mentioned in that chart
SHARDA CROPCHEM SL 312 TP +410 +555 +985