EID ParryGood tightening week on week after a large pop up with a dry up on them volumes setting this up for a new leg. Will be interesting once it breaches the previous week high and manages to give a daily close above it
EIDPARRY trade ideas
EID Parry | Monday setup | #shorts# I am starting this series..... of shorts, where analysis will be even simpler and potential good trades can be activated :)
# Break of this triangle = a good long as per risk
# Gap up sustained = good long as per risk
# breakdown or gap down = leave the trade
# Risk only 1% to 2% of Capital :)
# Targets = 2% to 3% after breakout or top of the triangle :)
Bullish Pole & Penant formationStock is having a good VCP in the form of a Penant formation after having given a parabolic move, resulting in the formation of a bullish Pole & Penant formation. This is one of the stock with strong fundamentals too.
Symmetrical Pattern Trend showing symmetrical pattern in day range & range pattern in 1 hour & 45 mins TF.
So, we can expect decent breakout soon..
Study purpose.Suggestions welcome.
EID Parry - Perfect VCP on the chartsStock is at all time high
No big resistance on the upside
Breakout with big volumes done
Accumulation on low volumes done
Entry on the break of Trend line (approx above 425) with high volumes
Sl below 410
EID Parry India - Buy & Accumulate
EID Parry India - Long term Investment : Buy & Accumulate on dips/corrections
Buy Range:439-386
Support Levels: 386.8, 365,316
Chances: Multibag
Period: 3-5 years
****************************************************************************************************************************************************************************************************
You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on stock movement
****************************************************************************************************************************************************************************************************
**Disclaimer:
I am not a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling.
Please do your own research and consult with your financial advisor before taking any action.
I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
****************************************************************************************************************************************************************************************************
Thank You for your Time
BullishGood support at 329. The current bullish momentum may take it to the vicinity of 600 in intermediate term.
EID Parry Breaking Out with Good volumeEID Parry has given Good BO with enough satisfying volume. Also Sugar sector is on fire. One can look to enter at around 400 levels with a SL of 300 WCB. Target is 50%-60%. This is just an idea not a buy recommendation. Do your own research before buying.
E.I.D. PARRY accumulation, for trgt of 20% = 396eid parry, has broken a trend line, with huge volumes, accumulation for 20% or 396
EID parry-weekly breakoutEID parry can move towards 450+. Considering sugar stocks are doing well, this should rally hard.
