Carborundum universal Stock This stock good for long term and it can give high reward
Carborandum Universal earlier gave breakout of Symmetrical Triangle on Weekly Time frame and now gives breakout of Ascending Triangle on Weekly Timeframe. The strength is likely to continue as it is at All Time Levels. Further levels have been derived by use of Fibonacci Extension
Chart -> CARBORUNDUM UNVRSL Weekly Cup and handle breakout in the weekly time frame. CMP: 1058 Good Range: 1000 to 1040 Target: 1182, 1420 SL: 968 Weekly close 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.
1. Fresh ATH breakout 2. Closing is with wick, there can wait for price to close above wick, or wait for a pull to find good RR trade 3. Trend is up 4. 7%+ ROI in last week, still long way to go with fresh breakout
Cup & handle breakout in Carborundum Universal Limited with high volume.
NSE:CARBORUNIV ✅ #CARBORUNIV trading above Resistance of 1014 ✅ Next Resistance is at 1215 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades (high momentum stocks) 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...
Stock is trying to break high level breakout. We are expecting good move from this level
a precursor to a long term uptrend CARBOUNIV has made several bases with volatility contracting further and further, post breakout price is contracting into a triangle.
CORBORUNIV ready for trendline breakout buy above 908 (30m) closing for 1st target 938 2nd target 1014 stoploss below 867
Stage 2A breakout entry : 950-1015 SL : swing low/ 7-12% / 898 Targets : 1219,1383,1600++, ride the trend. 3-9 months Note: only for learning, trade at your own risk.
CARBORUNDUM UNIVERSAL is trading at an interesting level. Will have to wait patiently and watch if stock gives upside breakout or retraces back to the trendline.
CARBORUNIV:- Cup and handle pattern has formed on the weekly chart, keep an eye 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 ideas to get to know about all the...
NSE:CARBORUNIV Cmp : 930 Entry : Cmp or near 918 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page are for the educational purpose only, we are not...
NSE:CARBORUNIV has the following features in 1H chart: In 1H price actually creating a Pool and Flag pattern. The main point is consolidation after a big volume rise. Note: during consolidation phase: Volume always remains above the moving moving average. RSI well placed Alligator is showing clear uptrend. Trade: BUY level around 925-920 with a...
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...
CARBORUNIB - Consider for long position . Please comment with your analysis. Take your trade as per your risk and reward. I'm a stock market learner and not a SEBI authorized advisor..
CMP: 879 - Breakout soon stock - It may give a good move above 885 with the support at 840