USHAMART trade ideas
#USHAMART CMP 36.55 Target 85++ Double in months $INVEST $TRADE #USHAMART
CMP 36.55
Target 55+ // 85+
Invest & hold
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NSE: USHAMART
INVERTED HEAD & SHOULDER PATTERN tested & then breaksout!
Super Bullish on this stock.
From Rachit Sethia with 💚
Usha Martin - 3 week Triangle/VCP BO post 9yr BreakoutMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
USHAMART - MULTI YEAR BREAKOUT Ushamart is given multi year breakout. This is the weekly chart of the Usha martin and has broken the trendline resistance even the horizontal resistance. Buy it now or on dips till it comes to support. The levels mentioned on the chart are Fibonacci levels and are working very well. You can buy now and hold for short term in the near future.