ESTER trade ideas
Ester Industries Ltd / Cup and Handle Ester Industries Ltd is forming a cup and handle pattern on the daily time frame and has broken its resistance with good volume. Good RR trade.
SL 149
Target 179
BREAKOUT IN ESTER INDUSTRIES Wait for the retracement and retest and then take entries, 150 looks good level for entry as it can also act as a good support.
Amazing Targets can be reached in the long run, at least SWING TRADE FOR A MONTH.
Must buy at the support level.
Buy EsterEster is good buy here...
Good risk reward
Break out retest level
Buy with SL 134 on closing basis... 150-155 level may test again
ester breakoutbreakout done with a good volume.wait for retest!(for educational purpose only)
target:170+
Short term investment in ESTERPrice Near Weekly support
Breakout in trendline will confirm a long position.
I see ESTER giving 10% upside - See the full video👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
🔥 Strategy :
✣ Simple: On the D chart supply is now your demand zone
✣ Bullish pattern consolidation at the same levels with a good Risk to reward ratio is generated here too
✣ Where to trade, which TF to use, and how much to risk is told inside the video do see the full video :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
ESTER #StockMarket #StockToWatch Ester Industry --Polymers and Engineering Plastic compounds making Company.
Peer Company already did well and moved.
Company delivered good profit
Promoters & FII holdings increased recently.
Good number of patents
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good consolidation with volume
After BO retracement did and now ready to move
Buy at CMP for target 160-200 minimum
REFER CHART FOR ENTRY DETAILS
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Stock soon will double
Multibegger potential
Keep for long term
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Strict SL to be maintained in every trade
Channel patternThis stock is trading in rising wedge pattern bounced with vol can go long here at 143 sl 131 target 160
ESTER : Ready to MoveESTER: CMP 138
POSITIONAL PICK
BUY NEAR 136-133
TARGET 159 - 172++
STOP LOSS 110
HOLDING PERIOD 1-2 MONT
Ester weekly chart BOEster going to fly for long term, weekly cup and handle pattern breakout with high volume.
