📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF Suprajit
• Potential Breakout Chart
• Symmetrical Triangle Pattern ...
Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket and exports
Mechanical control cables - Brake cables, clutch cables, throttle cables, starting cables, gear shifter cables, choke cables, tachometer cables, window regulator cables,...
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...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Company Overview:
Surajit Engineering is a prominent player in the engineering and construction industry, specializing in infrastructure projects. The company is known for its quality work and has a strong track record of delivering projects on time.
Technical Analysis:
- Symmetrical Triangle Pattern Breakout: The stock has recently broken out of a symmetrical...
NSE:SUPRAJIT
cmp 421.70
ready for the big move
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is...
NSE:SUPRAJIT is on the verge of a good breakout. This is the weekly chart structure. My recommendation here on the basis of price action is that you need to buy after breakout and keep a stop loss at 445 once the breakout takes place. This will help in safeguarding you as you will only buy on momentum. Consolidation has been good.
📊 DETAILS
Sector: Auto Ancillaries - Others
Mkt Cap: 5,668 cr
Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share...
Suprajit Engineering analysis on 21 Jan 24
Good reserve with less debt
High dividend payout stock (18%)
44.62% promoter holding and 4.56% of FII holding
stock price is with positive Supertrend
Stoploss 355 (on closing basis)
target 400-430-470-500-520
stock made a bullish price action create same resistance with higher low showing strength if break resistance it will go up pls like share my hard work
note only for educational purpose
BUY SUPRAJIT PRICE @ 363.80 22% ROI EXPECTED
Buy1 cmp entry @ 363.80
Target 1 @ 446.40
ROI 1 @ 22
Buy2 Pending entry @ 334.85
Target 2 @ 446.40
ROI 2 @ 33
Our Unique Features
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per...
