#Ester #breakout #momentumstock #Trendingstock #lowriskhighrewardtrade
ESTER : (1-3 Months)
>> Breakout Candidate
>> Massive Volumes Buildup
>> Trending Stock
>> Momentum Building up
>> Low Risk High Reward Trade
Swing traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur...
Bullish view if it will close above 97 for 1 day.
Target : 99.90, 105, 111+
SL : 92.50
This is for short Term view.
88.80 to 86.40 if correction would be come then it will be in great demand zone.
Accumulate it at there and hold with Stop Loss : 82.
And Target for this set up will be 134+
Good Risk reward ratio at there.
This is mid term view.
Risk is yours and...
Stock Name - Ester Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 190.
#This is not Buy and Sell recommendation to any one. This is for...
Expertise in Industries Limited is into manufacturing Polyester Films, Polyster Chips, Specialty Polymers and Engineering Plastic compounds.
The company serves varying markets like food packaging, processed food, fresh food, food on the go, shelf stable, ready to eat, liquids, beverage packaging, beverage packaging, home and personal care, industrial packaging,...
#ESTER (D):- CMP 175.55 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
NSE:ESTER BSE:ESTER
Time Frame – Weekly Chart
Technical Observations -
1) Price is sustaining above 108 after giving breakout above last All Time high of 108
2) Now form Flag & Pole pattern and pattern Breakout is above 165
3) Trading in flag range now 100-165
4) RSI trendline is already break
5) Positive RSI divergence seen
Resistance – 197/228/262
...
Look like upward opportunity and wait for tomorrow closing and close above 138.5 means gud for entry and accumulate up to 126 and if close below it may trend changes
NSE:ESTER
10 Month Long Consolidation in range of 125-150 since April 2021.
Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high.
Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down.
Accumulate b/w 136 - 120 as Stock will gain more strength above 140
Targets : 162 - 180...
