📈 DONEAR looking good ✅ Symmetrical triangle breakout above 112 ✅Strong support from 50 EMA ✅ High Volume & rise in adx showing strength in upside momentum ✅ Revenue more than Doubled in last 3 years ✅ Promoter holding 75% unpledged ✅ Roce & Roe is good but book value is poor ✅ Compounded Growth:- sales 15%, Profit 45% , CAGR 48%
In the Weekly Chart of DONEAR , we can see that, it is shrinking in upward direction. My expected momentums is shown in chart.
On Weekly TF charts it is forming Ascending Triangle pattern . Struck in and Forming pattern from more than 1year. 1. Taking support on trend line and forming higher lows. 2. Taking support on 50EMA. 3. RSI also taking support on trendline.
In the Weekly Chart of DONEAR , we can see that, it is shrinking in upward direction. Since it is at decision making point, we can enter on breaking its High with Low as SL. My expected momentums is shown in chart.
The recent swing has broken its all time high and now it has formaed an uptrend pattern with breakout ofter pullback. The minor trend of the pullback has changed into uptrend which is indicating a bullish move in incoming. Do your own research before investing.
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1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion...
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...
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DONEAR CMP 96 SL-92 TG- 101/104/110 . . . . . . . . . . . . . . . This is only for educational purposes
buy @ 88 tgt-1oo\150\200\500 buy @ 88 tgt-1oo\150\200\500
buy DONEAR @ 80-84 target - 20% time : 30 days. @optionhunter
1. price above 50 EMA 2. a symmetrical triangle consolidation with 2 iterations of volatility contraction 3. latest contraction of ~25% , wait for a single digit 4. No long term base formation- a negative
targets are marked follow risk management do your own analysis do workout do meditation start reading book
1. Trend is UP 2. Break of neckline of double bottom 3. Double bottom reversal confirmed to get in line with main trend
The analysis is done on Daily + Weekly TF hence price may take few weeks to few months in order to reach the targets. Checkout the weekly chart as well here - 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...
It is looking good for long above 89 level xabcd pattern is also activated above 89 so it can go for target of 192.
- Rejecting strongly at the BO Zone. - Bullish engulfing candle - Good volume Build up