EIDPARRY Stock looks good above 670 in the midterm to long term. Keep in radar and put alert @670. It has a potential to test 963-1000 in short term and then sky is the limit. Risk will be last swing low in weekly TF at the time of breakout. As of now 550 will be initial risk.
In the longer time frame, the stock seems to be in Wave 5 that could lead to about 1000+ levels. The present level (620) is part of Wave III that may culminate at around 880 which is also the 1.618 fib level as seen in the chart. This doesn’t mean that the rise will be a straight line. The zigzag move may take some time but even if it takes 6 months or more to...
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
BUY EIDPARRY Entry - 618 Target - 644 Stoploss - 604
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...
Reason for long a) Mr.14 set up b) super vwap set up c) weekly breakout possibility d) monthly breakout possibility e) Pull back long set up f) SL compulsory
Eid Parry : Flag Pole Breakout spotted If 645 levels are sustained, this could lead to all time high
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...
-higher high formation from lower levels -rsi not showing strength probably because of low volume -above all crucial ema and sma zone
Here's the Technical Analysis of EIDPARRY. CMP- 565 Targets- 588, 613, 640 Stoploss- 551 Duration- Upto 6 months. Let me know what you think.
NSE:EIDPARRY weekly consolidation after ready breakout. so i can buy with low stoploss and moving ahed.
In the Weekly Chart of EIDPARRY , we can see that, it has given rejection for Cup & Handle breakout. Possible momentums are shown in chart.
Reason for long a) Mr.14 set up b) Super vwap support c) channel breakout d) volume and price spurt e) SL compulsory
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...