EIDPARYY- unrestricted-volume-growth-3-months-time-frame-veritas
But used Past months or 45 days back to see, stock thath touched 144 or its low below it ND THn recovered from there or recover after spending time there.
Quick gains can be made of about 50 %
1) Ema supprt
2) volume positive
3) 50 % target
EID Parry
I already traded in this. Exited in profit.
Sharing this for learning and observation.
Stock price taking bounce when it comes near 50 MA. I took a 1:2 risk when the Price came near 50 MA. Kept trend line as target.
Support based trades may not work all the time. Risky trades.
One of the reason I took this trade is because PPFAS mutual fund bought...
EID Parry is engaged in sugar, nutraceuticals, and ethanol production. It also has a significant presence in the Farm Inputs business, including biopesticides, through its subsidiary, Coromandel International Limited
Co. has four R&D facilities in India including a research farm- recognized by DSIR. In FY22 co. spent Rs. ~6 crores on R&D activities
Product...
Hello Traders and investors,
All sugar sector is in limelight since few years, but this stock has performed with an average in rally. But it seems consolidation has been over now and this is now ready to fly in blue sky. In this week volumes are high for delivery, it seems smart money has taken entry and i am expecting this rally should exceed from here. And...
Stock is near All Time High
Above 642 Looks good Weekly Closing basis
Stock is given Weekly Breakout with Volume
Strict Stop Loss is below 600 as its seems good support zone.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to...
EID Parry has made double bottom after about a year of consolidation. Now it is ready to give a breakout which will break its lower-high pattern and give a boost for new highs.
Stock has seen good volumes during past a few weeks, giving confidence for a breakout soon.
CMP: 565
Breakout level : Today's high (579)
SL: 560
Targets : 540 / 700
Disclaimer: I'm not...
Note: Analysis for Education purpose only. Buy or Sell at your risk.
1. Background in Accumulation phase and potential upside in coming months
2.Stop Loss 485
3.Target 646
4. Long Term Bet ride as much as you can.
price restesting the breakout level
golden cross about to happen
price bouncing from 200 EMA
recent drop in sugarcane production might trigger 20 %- 30 % move
EI parry P503 TG 550 SL475
Better Q result can drive momentum in EID parry, having good risk Vs reward ratio
for taking long position
Note: onyl for learning purpose, trade at your own risk.
