Expecting Breakout ✌✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
SRHHYPOLTD trade ideas
Sree Rayalaseema Hi-Strength Hypo Ltd shows a flag pattern Sree Rayalaseema has high piotroski score.
This company has high piotroski score of 9 which means the fundamentals are very strong for this company
This company is heading with a flag pattern with target of 333
This is a very strong company with very good - P/E , P/B and EPS.
A Box Breakout?SRHHYPOLTD | Box Breakout on Daily and Weekly charts.
Technicals are bullish .
CMP: 227
SL : 160 (Very deep based on Weekly Low)
Target : 264
Follow strict stop-loss.
This is not a recommendation and is for educational purposes only.
Always follow risk-reward and quantity management.
The above mentioned idea may not work, so beware of the risk you are taking.
Earnings Gap : high probabilityIt gave earnings gap up on 16 nov. Its also BGU (buyable gap up) setup by Gil morales.
Volume is 700% above avg which is just too much.
On friday, held the BO line giving a pullback buy.
So, high probability setup.
Trend line support and triangle patternPrice taking trend line support for the fourth time and expected it to move up. One can enter long with stop below the double bottom.
As per previous study price continuously taking support from a trend line will break down. So if price breaks the trend line then one can go for sell and hold for one or two days for good profit.
SRHHYPOLTD long position @ 166Immediate target 176 from current level, One can see long position from CMP 166 in SRHHYPOLTD considering 142 as SL on closing basis
