Multiple bullish patternsThe stock looks good above 332.7 level for first target og 350, second target 370
EVEREADY trade ideas
EVEREADY Positional View !!!EVEREADY : cmp : 308
A bullish engulfing and symmetrical triangle kind of pattern has been formed in daily chart.
A good price action was seen in previous session.
SO good to accumulate in dips as wel as current lvl.
TGT 334/358/372
SL 279.6 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
EVEREADY is all set to shoot upEVEREADY has been consolidating for 2-3 week with clear contraction in volume.
Last week it has broken out the resistance level with increased volume. This is clear sign that this can go up rapidly.
EvereadyEveready batteries has given an awesome breakout from a symmetrical triangle pattern. This breakout is supported by High volume inflow and Bullish RSI. One of the best picks this week. Investors can think to take positions.
On the verge of Breakout ✌✌It is forming A triangle Pattern And it is on the verge of breakout. So keep on your radar and expecting breakout.
every day if sustained above 309 tarjet 337 sl 275 in this trade risk reward is not good but if sastine set sl as day low
Eveready Range BreakoutEveready Range Breakout
Buy Eveready Industries
Closing Price - 308
SL - 244 (WCB)
Target - 455
Bomb can blast anytime 💣💣💣Triangle Breakout with good volumes . Take your own call before investing.
EVEREADY SPOT POSITIONAL VIEWEVEREADY SPOT chart is forming ROUNDING BOTTOM pattern. If Breakout neckline and hold. it may give marked target to validate this pattern successfully.
VIEW NEGATED BELOW - 174 (DCB).
Range bound consolidation in Eveready Eveready is in a strong range bound consolidation. Should be like this way before making any strong move.
Rounding Bottom patternThe stock is making a rounding bottom pattern and looks good above 305 for a target of 316 and 333
Eveready is going to BreakEveready is facing 280 as support & resistance since 03 Mar 2021 and if it breaks that level enter into the stock with these levels.
Buy at 281
Stop loss - 263
Target - 299 (Because 300 is a round level)
Risk to reward is 1:1
You can take risk with target 328
Enter into the stock with your own risk management, it was just my idea regarding this stock.
watch out for level 275, keep on radar!if it closes above 275, then might hit 335 pretty soon!
disclosure: NOT SEBI registered. Charts produced here are for personal reference only and not any recommendations.
Two way short term planLevels well allocated on the chart.... I am Bearish on this because it is trading below 50 MA next support will ideally come at around 200 MA viz ₹260-262 (waiting for the confirmation) NOTE-The above setup is for entertainment purpose and does not guarantee any success. Pls do your own research
For Education purpose 21st Feb2021 EVEREADY...Daily BreakoutFor Education purpose
21st Feb2021
EVEREADY...Daily Breakout
