CMP- 83 SL- 75 Target- 118 (10/5/21) -Weekly / Daily EMA negative - AREA OF CONFLUENCE - S/R and trendline support - RSI Divergence in 4hr TF - Volumes are starting to pick up - Trendline break may confirm the entry - Crucial structural zone Only negative factor here is stock is below important EMA's
Buy- Cmp SL- Below 75 or 70 Closing Basis. Channel Formation Target-100-120 Time Frame- Till ATH
IT HAS BEEN TRADING AT 30 RSI FOR QUITE LONG. THE PRICE IS NOW AT IMPORTANT RESISTANCE LEVELS FROM DIFFERENT TRENDS, IF IT SUSTAINS THESE LEVELS IT CAN GIVE RETURNS UPTO 30% IN A MONTH
Why Buy : 1 - Near Daily Support of 82 2 - Near 200 SMA of 81.5 Financials : PE of 8 , PEG less than 1 and Sales growth of 15% * Keep buying until 78 ( weekly Support ) I have bought 500sh @ 83.5. Plan to add atleast 5000Shs. Target : 1 : 101 ( 18%) 2 : 114 ( 23%)
Note: 1. Views are personal and for educational purposes only. 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... Aftermarket...
This is the first lecture of the series basics of the stock market. In this class, I will talk about a few candlestick patterns.
hit the resistance turned support and surging up.
BONUS DAILY SWING CALL // Tuesday 16th of February 2021 / NSE:ASHOKA // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 109.00 TARGET: 125+ (15%...
Ashoka buildcon on its support on both timeframes (weekly ,daily).good Risk reward ratio .SL will be around 84 and target 1 would be around 105. It is on its support on daily timeframe (in channel pattern) and also on weekly time frame it is on great support refer chart.
Price crosses a stiff Resistance junction. #Breakout from #ParallelChannel #Ridethetrend
Ashoka buildcon broken the descending trendline on a weekly timeframe. If it stays above the 90 then it has the potential to move towards 120-150 levels.
TARGET 1 (77.50) TARGET 2 (87.00) IT WILL BE ACHIEVED NEAR 20TH DECEMBER