NSE:ELGIEQUIP CMP: 650.45 Reason for Trade : Bullish Trend Entry : Cmp or near Support 560 - 580 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information posting on this page...
Hi, An bullish on-neck Breakout pattern emerged on the daily chart of NSE:ELGIEQUIP MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue. Level of Entry, Exit & Stop loss mentioned on the chart. This idea is for educational purpose only. Take advice of your financial advisor before making any...
Morning star on daily charts. RSI above 40. 20% retracement from top.
Compression ongoing In Q1 RRG W and M in Momentum Activates as soon as CCI 34 Daily crosses 100
📊 DETAILS Sector: Compressors / Pumps Mkt Cap: 18,398 cr Incorporated in 1960, Elgi Equipments Limited along with its subsidiaries, is in the business of manufacturing and supplying Air Compressors ** & Automotive Equipments**. It is also providing related after sales services TTM PE : 45.78 (Low PE) Sector PE : 45.66 Beta : 0.36 📚 INSIGHTS ...
1.Formed cup and handle chart pattern 2.Breakout above 623, so keep in watchlist 3.Fundamental Data points Market Cap ₹ 19,224 Cr. Stock P/E 47.8 Book Value ₹ 46.1 Dividend Yield 0.33 % ROCE 24.4 % ROE 23.8 % PEG Ratio 1.98 Debt to equity 0.43 Price to Earning 47.8 Industry PE 47.0 Price to book value 13.2 Pledged percentage 0.81 %
Price in support Volume : Good Target 1 : 585 Remaining targets are in Green line Only for study purpose
ELGIEQUIP formed a base ( triangle pattern ) on a daily time frame. if breaks out the upper border of the triangle it will be the potential short-term swing trading opportunity. DISCLAIMER: All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational (educational) purposes only and should not be considered as a recommendation to...
Long term chart showing strength towards upper side we can see 600 and more minimum in coming month
#ELGIEQUIP #breakout #breakoutsoon #breakoutcandidate #Vcppattern #vcpbreakout ELGIEQUIP : Holding Period (1-3 months) >> Beautiful VCP pattern Visible >> Good Volume Contraction Visible >> Good Strength in stock Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur...
Elgi Equipment- Handle formation yet to complete for the target of 770. Even after C&H breakout, weekly candle close above 583 only will give momentum to fly higher. Note: This is for educational purpose only.
vcp characteristics -The Stock must be in stage 2 uptrend. -A period of price consolidation must take place in thebase. ... -Price volatility must contract through the base (from left to right). ... -Price must correct through a series of smaller contractions.
Details of entry and exits are mentioned on charts. Stop loss ~5% and target ~15%. Given target is for swing trading, if aggressively breaks wedge upper line expect it move rapid up in longer term. Please Boost this analysis with likes and comments. DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and...
The stock has gracefully established an upward trend pattern, demonstrating an impressive breakout following a brief pullback. This configuration appears to be a promising prospect for a long-term investment.
In the Weekly Chart of ELGIEQUIP , we can see that; it has created a Halt candle. Possible momentums are shown in chart. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
Reason for long a) Weekly Mr.14 set up b) channel support c) Super vwap support d) super trend support e) SL compulsory
Description: 📈 ELGIEQUIP: Capitalizing on Crucial Support! 🚀 Explore an opportunity with ELGIEQUIP, a slower mover that's currently perched on a crucial support zone. Here's why this setup deserves your attention: Key Points: 📊 Slower Mover with Steady Support: ELGIEQUIP, while slower in pace, is finding stability on a crucial support zone, offering a...
Elgi equipments after correction again ready for big move i think this is the last chance to board on this ...SL 460