ELGIEQUIP - Trading in RangeTrading in range for the quite long time. Do not enter while it's trading in this range.
ELGIEQUIP trade ideas
ELGIE EQUIPMENTS - RectangleRectangle forming on Daily Chart of ELGIE EQUIPMENTS. BUY CMP/225.10-> 250. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
ELGIEQUIP: 70 Days of VCP PATTERN FORMATION
NSE:ELGIEQUIP
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
DAILY SWING CALL // Friday 23rd of April 2021 // NSE: ELGIEQUIPDAILY SWING CALL // Friday 23rd of April 2021 // NSE:ELGIEQUIP
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 226.65
TARGET: 260+ (15% Around)
STOP LOSS: 204 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Buy for positional and tail you sl Buy this stock, kept sl below 200 and change sl with atr of based on candle closed
ELGIEQUIPMENT continuation !!!ELGIEQUIP : cmp: 199.45
Previously two TGT achieved.
Yesterday broke the resistance 193 and close above that.
Created ATH.
So good to grab on dips.
Accumulation range : 185-193
Positional TGT 232
TGT 210/221.25/232
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
ELGIEQUIPMENT positional view !!!ELGIEQUIP : CMP : 182.15
Looking very bullish in MTF and on the verge of a breakout.
Stock from current level might move towards 210.
So buy on dips for the TGT of 190.75/201.25/210
Accumulation range : 172-180
Let's see what happens....
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
