SKMEGGPROD trade ideas
SKMEGG #StockMarket #StockToWatch SKMEGG ---> ROUNDING BOTTOM BO WITH GOOD VOLUMES
POSITIONAL SHORT TERM BET
ENTRY ABOVE 90 FOR TARGETS OF 100(FIRST TARGET, TRAIL SL FOR MORE RETURNS)
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STRICTLY FOLLOW SL
THIS STOCK IS OPERATOR DRIVEN, BUT DEFINITELY TOUCH 100
WITH VENKY'S THIS STOCK WILL ALSO MOVE IN SAME THEME
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TRENDLINE BREAKOUT OF 6 YEARS..fundamentally sound company..with trendline BO of 6 yrs. with volumes.promoter skm shree shivkumar constantly buying from open market since 2 apr.2020 till 31 march2021 shows confidence of promoter on company....one of d leader in egg products after #venkeys .SL-75. TP- 100,115,130 we may see touching again life time highs.
SKM EGG Products long trade PositionalNSE:SKMEGGPROD Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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Huge bullish engulfing. Might resume its uptrend. Go long.A strong bullish engulfing candle with strong volumes suggesting buy signal. Can go long immediately for risky players or enter after a slight retracement if occurs any. Don't forgot the stoploss level.wait until the target hits.
SKM EGG PRODUCT, looks good for 60 % trgtskm egg product had broken a downtrend in november 2020, which it has retested in april 2021..now looks set up for an upwards journey...till 79...or approx 60% returns..
there are two resistance at 59 and 70 where this stock should take a breather.. and should be accumulated there as well....on falls of 10-12%...
SKM EGG PRODStock has given breakout in cup and handle pattern with strong volume and now stock can move towards 82.00/104.00 levels in coming days with the help of 43.00 support level on chart.
SKM EGG- WIDE BULL MOUTHWidening channel pattern.
1. Stock broken the parallel channel and retraced to 0.5 fib.
2. Currently at good price to hold for medium term.
Note: This is not a suggestion to buy and just for educational purpose only.
#SKMEGGPRODGapup
TGC
Strength Candle
Reversal Confirmation
CCI(D) crosses 100
Target 89 / 96
Can climb to 100+ on conductive zone logic
SKMEGGPROD - Weekly Nice rounding formation on weekly!! Needs close above 115 on weekly for a move upto 150 to 180
SKM EGG: Constructive Action Above 200-DMAPrice has been stuck in a small range. A breakout past 78.25-79 zone would push the stock into mark-up phase. Will the breakout happen? I would rather wait...
SKM Egg: Looks Like Accumulation ZoneAfter a steady fall, price has been in a trading range for a while now. After a potential Wyckoff Spring, price has gotten back swiftly into the trading range. A breakout past the upper end of the range at 78-ish would be a bullish outcome.
SKMEGGS - Invest for long termSKM eggs is seen in free fall from some time. Fundamentally, a very good company.
This call is for investors only. For investment pupose you can accumulate the stock in the range of 23-43 for long term gains.
It is approaching this zone.
SKMEGG LONG SKMEGG bounced from lower trend line The low was squared. One can go long for target 58 with sl 51
