Good chart structure
Stock in blue sky zones
Fibonacchi targets around 2900
A strong support at 2650
I am just representing my views
For educational purpose only.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Apar Industries is a solid pick with a darvas box breakout formation. Stop Loss at 2400, the stock continues to look strong and should be on every trader's buy list. Continue to ride the momentum.
Chart -> Apar Industry Daily
CMP: 2505
Can go to: 2720
SL: 2400
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Apar Industires looks bullish for swing / positional trading
Reason to buy:
1. Flag and pole pattern breakout
2. Breakout from the consolidation phase
3. Good volumes and strong candle close in daily and weekly TF
Stock Name - Apar Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2508
#This is not Buy and Sell recommendation to any one. This is for...
#AparInd CMP 2475 is showing a good BO after 4 weeks and forming a flag with good volume.
Can be added for 2600/2800/3000
Stock P/E 19.8
ROCE 26.9 %
ROE 16.1 %
Profit Prev 12M ₹ 363 Cr.
CWIP PY ₹ 28.7 Cr.
APARINDS:- Ascending triangle pattern has been formed and breakout has also been given, keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
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...
APARINDS:- The stock has given a breakout by forming a cup and handle pattern and has also done retesting. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets...
