Go Long above 229.05 for Targets of 246.4, 263.75, 281.1, 298.45, 315.8, and 333.15 with SL 211.7 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Harami...
Levels mentioned 245-257. Rising volumes at breakout zone implies increased participation at breakout zone.
AegisChem has already gone through a healthy consolidation phase, and now, trajecting in a northward journey. 1. Positive RSI Divergences: It gave two positive RSI divergences 2. W Pattern: It seems to be making W Pattern. It is moving towards its trough area. Once, the trough is cleared, it will move upside with further more strength 3. Price Volume...
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NSE:AEGISCHEM Trade Logic | PULLBACK BUY LOW RISK TRADE. OR BUY BREAKOUTS. CONFIRMED. Entry 226 Stop 211 -8% Target 255 +14% RR 2.0+ Tgt 2 Open Details on chart as always 1 free trade idea daily. Trade Size 10% Max Max Trades 20/ Month Time Frame 10 Day. 1-2 Weeks . Max Diversify Bet Small Lose less. | Our Motto. #TRADEWORLD |...
wonerful setup , i m on it dont like to explain just ride the trendddd
After recent down trend, stock has moved up to make a HH and pulled back to the demand zone. Expecting the stock to gain strength and go up in near future.
AegisChem RSI divergence Stock has a breakout, reasons for long: 1. Flat top, symmetrical triangle, or even poll and flag breakout 2. Increase in volumes 3. High risk to reward ration 4. Started with a huge RSI divergence
Reversal from support zone in Aegis Logistics Limited, volume is also seen increasing, RS line also shows strength. Note: Time frame is weekly in this chart
aegis logistics chart analysis for intraday and swing trading
AEGISCHEM looks like coming out of bearish zone. Reversal pattern, keep an eye. R:R - ATR- 1:2
Stock has a breakout, reasons for long: 1. Flat top, symmetrical triangle, or even poll and flag breakout 2. Increase in volumes 3. High risk to reward ration 4. Started with a huge RSI divergence
It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns. ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE. Buy Today Sell Tomorrow (BTST) trades are the best in my opinion in every market conditions - Take trades at 3:25 pm everyday - Book...
Good fundamentals.... can be bought at the range of 170 to 200 for the target of 380 and above.
To identify any divergence, first of all look at the current structure that the price is forming like the above case, Price is consolidating at the same place and when we look at RSI it is forming up Higher highs and Higher lows. Therefore RSI contradicts the price and this tells us that RSI doesn't support what the price is doing & is not inline with the price,...
buy with a long term view here, price seems very good promoters have been buying from the market constantly At good place to start accumulate.
In day chart...price in damand zone...chance to move up side upto 25% levels mentiones on chart. only educational purpose
I will buy AEGISCHEM because : It has been taking support at the trend line. It has touched the support and has not been able to break it. So will be looking at buying opportunities. If it breaks the support look at shorting. Entry : 228 Target : 385 Stop loss : 200