WHIRLPOOL trade ideas
Long WhirlpoolMultiple times Stock is taking Support 1300-1327. Can go Long now. Seasonality also is supporting with New Sales in AC and other electronic segment. Hold for 1500 to 1754 whenever the Quarterly Results are there. Exit about 1800 ish.
Looks like a good gamer stock with seasonality supporting it.
WHIRLPOOL IS BACK After a sharp correction happened from 2500 zones finally it stopped at 1240 levels and some how manage to create a base and was started picking up form there and started consolidations too in a Horizontal cannel and now it gives a breakout from that range bound sessions in channel so I am considering this as a trend reversal and a breakout too for the given targets in this execution stop loss must be a day close below from 1330 one can wait for a breakout retest too depend on the choices and own setups too.
🍇 🔥 𝐻𝒜𝒫𝒫𝒴 𝐻❁𝐿𝐼 𝒯🍪 𝒜𝐿𝐿 𝑀𝒜𝒯𝐸𝒮 🔥 🍇
𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.
𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧
WHIRLPOOL - Chart Analysis || 17th April, 2023 #stocks Analysis Criteria Used:
1. Please find the Chart Analysis done for WHIRLPOOL OF INDIA
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
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DISCLAIMER:
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* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
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Whirlpool of India, showing signs of uptrend after double dojiAll the details on the chart itself
Whirlpool of India showing signs of uptrend.
1. near hard support line
2. breakout after double doji
3. target 1 marked
4. target 2 marked
5. stop loss marked
possible 9% and then 15 % target
Uptrend started
Wedge pattern breakdown in WHIRLPOOLWHIRLPOOL
Key highlights: 💡⚡
✅On 2hr Time Frame Stock Showing Breakdown of wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1230-.
✅Can Go short in this stock by placing a stop loss above 1310+.
✅breakout this can give risk:reward upto 1:7+.
WHIRLPOOL BULLISHWhirlpool Closing 1339.7 with stoploss 1280 then targets are 1380-1450-1500+.
Buying Reason.
1 --> Price create the triangle pattern and #Breakout.
2 --> Price Cross above 20 #EMA.
3 --> ADX is showing #Bullish Move and +DMI is rise.
4 --> #RSI is Above 50.
5 --> #Volume is #Positive and ready to #BREAKOUT.
6 --> Bollinger Band is also Open in Positive side.
Whirlpool Cmp 1321 dated 24-2-2023 Triangle BO with VolumesWhirlpool Cmp 1321 dated 24-2-2023
1. Triangle BO above 1328
2. Price Rise with Volume Rise
3. RSI Bo
Buy above 1328 for target 1380-1420 SL 1280
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Long consolidationIt has been consolidating in the range of 1500-2000 for more than 5 years and has formed a head and shoulder pattern. It also has a demand zone of 1400-1440. Currently trading in this zone. It will be interesting to see what happens next. Hence it is the time to study business fundamentally.