Buy ELECTROSTEEL CASTAccording to chart anylasis its make inverted head and shoulder chart pattern. If it brak 47 then we can buy with 60 to 70 target. Trade for 4 to 5 week.
ELECTCAST trade ideas
Fib retracement of 61.8% from high after breakout [Buy Zone]After recent breakout and forming a high
according to fib retracement it came back between 50% and 61.8% level, which is good buyzone.
Breakout in Electrosteel Castings...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ELECTCAST Positional| Repeatedly Testing ResistanceAs seen from the chart, stock has formed a good base with four bottoms, & is ready for upside only once 37.85 is taken out. Targets and stop loss are mentioned in the chart itself.
All the best. Please keep in mind your money management before entering any trade, & always enter the SL first.
Happy trading. :))
Interesting multi year breakout setup here in Elect cast.The stock has hit its 2009 level with some good volumes . ITs worth entering a Positional setup with sl at 39 . Risk 10%. The stock is still in 20% circuit limit and possibility remains for upper freeze today. Time Frame 1-3 months
ELECTROSTEEL CAST NSE:ELECTCAST
Market already take support on the support line and shown a green candle with standard volume. So you can take long position for now in this stock and the profit target will be the resistance line.
ELECTORSTEEL CASTING LIMITEDENTER ONLY IF BREAKOUT IS GIVEN WITH GOOD VOLUMES
DISCLAIMER:- I'm not a SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
ELECTROSTEEL CASTING 4Hin this chat its an uptrend in 4h so it will breakout so go for sell nd look the 15min chart it is an channel pattern so we will go for sell @shobitchoudhary_2006
Interesting Setup - Can be considered as Commodity Cycle is OnInteresting Setup - Can be considered as Commodity Cycle is On
Question on ELECTCASTOn weekly chart, Stock is near important resistance.
Its also taking resistance at trendline.
Trend is good, One can buy now and add on dips to 26
SL close below 22.5
Electro Steel Casting Limited chart analysis CUP&Handle PatternElectro Steel Casting Limited buy 17.50 to 18 range with the stop loss of 15 and the target of 25. always trail ur stop loss.
Buy ELECTCAST above 34.50Good technical setup of ELECTCAST @ CMP 33.50, But I feel stock above 34.50 will be good beat for long term, Will suggest buy above 34.50 with SL of 31.75
Trade for Rs.33 and wait for closing above 33 After long consolidation script managed to close above 30 on weekly basis. closing above 33 it will fire for next target..38 to 44 to 49
