Go LongIt's not important what reasons I give to Go Long, it's more important that you control risk on each and every trade. Plan and execute.
R:R 1:2 ATR
WELCORP trade ideas
Welspun Corp - BreakoutWith Biden being forced to allow Oil and Gas business to soon start again in the US this company will become a major beneficiary.
They are among the biggest suppliers of pipes for Gas pipelines. With Metal prices falling their margins could increase once again too..
Long at current price with stoploss below 155. There is a nice VCP pattern here and a breakout could give good gains.
WELSPUN Corporation Breakout TradeNSE:WELCORP Levels are Mentioned in the chart... Good for Swing trading...
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
Inverted head and shoulder break outInverted head and shoulder break out buy now Rs.160 volume increase this week.
Buy above 166Can be a good breakout ...........
Observe and tell your friends to check out my trades..........
WELCORP BUY | 1:3 RR | Breakout and Retested WELCORP has given a break out and retested, its a good option to go for long
WELCORP | INHS + Trendline breakout - Potential for 30%WELCORP | INHS + Trendline breakout - Potential for 30%
CMP : 156 (Dip : 145)
SL : 135
Target : 200
1:4 risk reward setup
Welcorp for Swing TradeNSE:WELCORP Swing Trade
Current Price : 144.85
This Script is trying to brake its resistance for more than 6 months
I’m expecting a significant upmove if it brakes the resistance line.
Buy at : 153
Target : 185+
Stoploss : 137
....Grab this oppurtunity...
This is only for education purpose.
Follow for more update.
Buy WELCORPAccording to chart anylasis its making cup with handle patterns with very good volume its good sign for bullish trande.
Buy @150 or above
Target : 165-180++ very soon !!
inverse head and shoulder patternOn weekly time frame u can see it is reentering the channel pattern
And on daily time frame it made inverse head and shoulder pattern
Volumes also good
Wait for breakout and retrace then u can get big move in this
#WELCORP long opportunity#WELCORP long opportunity
Target 180+
Buy on dip for good RR
SL-114
CMP:144.85 @1 October 2021
Timeframe - 3-6 months
Sharing for learning
#Welcorp cash : Looks good above 140 #Welcorp cash -Positional call
08.08.2021
Looks good above 140 and dips 135
for target 158-160/180
Stoploss 125
Cmp 134.20
(Strong support at 130)
Welcorp can be good buyContinuously taking support.
Place stoploss below 140 for target of160.
Onky for educational purpose.
ARE INSTITUTIONAL INVESTORS INVOLVED IN THIS?Welcorp has seen a major rise in volume and witnessed highest volumne in the last 1.5 years, along with the rise in volume, the price is rising significantly, and that is what indicates involvement of smart money, entering the trend chhannel it is supposed to give stunning returns.
AT SUPPORT ZONE WELCORP POSITIONAL BUYAT SUPPORT ZONE
POSITIONAL BUY
TARGET 154 SHORT TERM
FOR EDUCATIONAL PURPOSE ONLY
