EIDPARRY trade ideas
EIDPARRY into breakout zone355 to 370 can be seen as beakout zone.
+ADX cross over on daily on daily chart
raise with good volume.
has been in consolidation for quite some time.
it is trading near all time high.
RSI above 60 on daily chart.
EIDPARRY 1DTFwait for strong close on Monday than go long. risk reword ratio is very good on this trade.
EID parry positional pick techno FUNDA pick
has been consolidating for a long time ,it has given a good close on the weekly candle can continue more
amazing fundamentals of the company, sound financial health of the company
growing profit margins
accelerated earnings growth and analysts expect yearly growth of 27% , build position in tranches let the market realize its mistake.
Only issue being the cyclicality of the stock.
EID PARRYNote:
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 opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.
the one and only position I took just because it gave me confidence in monthly time frame and supported a good RRR
Eidparry educational idea : stock is trading near trend line support and very close to breakout point, can be longed at cmp 343 with the sl of 330 for the target of 370
EIDPARRY Triangle breakout & RetestEIDPARRY has given breakout with good volume and today it has retested breakout level. sustaining above 20EMA could take this to 400 level.
Clear cut bullish till 467Multiple year pattern from lower support of march. Very bullish on chart. ***Educational purpose only***
EIDPARRY | Broke 5months consolidation. Looking good for 340-380# EID PARRY
- Recently broke the consolidation channel of 5 months with good strength
- Small support at 325 and the next strong support is at 315.
- Can add till dips 315. SL 200
- Closing and sustaining above 337-340 could give more upward movement.
- 390 Approaching multi-top
Sugar index based on free cash flow last yearBSE Code NSE Code Industry Free cash flow last year weight
500125 EIDPARRY Sugar 1628.06 0.333489010426268
500032 BAJAJHIND Sugar 881.59 0.180583379421946
500038 BALRAMCHIN Sugar 607.71 0.124482271246851
507490 RANASUG Sugar 580.47 0.118902476494807
532356 TRIVENI Sugar 394.28 0.080763637108503
532670 RENUKA Sugar 372.68 0.076339130256662
500119 DHAMPURSUG Sugar 278.37 0.057020832053094
500319 Sugar 138.74 0.028419262991868
EIDPARRY-Ascending Triangle patternThe trend line in EIDPARRY shows up trend. The daily chart shows Ascending triangle pattern. Can buy at cmp or on daily closing above 330 for up move. Can go long with a stop loss of 300. Long term echnical target for EIDPARRY is 540. Happy investing :)
EID PARRY - Longgood consolidation
attempting fourth time to break resistance.
Waiting for close above Resistance.
Swing trade: watch for range breakoutTried many times to break this range, will bet on this with strict SL of 300
Buy above 316 target 330, 360 Sl- closing below 300
Triangle breakout on cards - 340 targetPrice gently took support and resistance inside a triangle pattern and breaks the pattern yesterday and reached the resistance. If breaks this levels then it will reach a target of 340 - 350 levels.
The best entry for this kind of trades are triangle support levels, sometimes the buyers after breakout exhaust and give up so that one who entered at breakout have a chance of stop hit.
