buy above 1016 target 1200 stoploss 930 day closing basis
Excel Industries is one of the best chemical company which has strong fundamentals. At Rs 1000 Excel Industries is having a strong support. High volumes at this level suggest breakout and next resistance level is Rs 1193. It can be a good buy. This study is only for Educational purpose.
Excel industries long above 1035, for target 1195-1225
Keep an eye and enter as per your Risk profile. Given Good BreakOut
Will buy for target of fibo 744,960 with sl 560
Excel Industry in downtrend. May take support at 420-450 in near term.
KEEP AN EYE. CAN DOUBLE FROM HERE. LABEL MENTIONED IN THE CHART.
It has formed bearish bat, you can go short at PRZ. Since the stop loss is huge, it is advisable to go with options and sell at close to upper price zone Disclaimer: It is just a prediction based on the current market, I do advise a trade to do their own analysis before dive into the trading.
Excel industries - inching towards long term trendline support wait for trend change good script for long term
Playing around resistance. If on 31st May it crosses 1149, then their is a possibility that the stock may see a level of 1590 inintermediate term
Double bottom appears to be in formation, if it returns from 1266, chart being bearish but consolidating. Huge support is at 1195, it seems. If it turns bullish, target 1760
EXCELINDUS weekly chart shows its highly overstretched at current levels. Formed a broadening wedge pattern. Expecting it to test 1300-1350 zone soon. Investors who are very bullish can buy a small quantity in this zone. But it would be safe to wait for a bounce confirmation on weekly chart at this zone before you buy.
Trade Explained in chart Fun
rectangular channel breakout,upside potential
The script has closed at 1475.40 and it shows potential of going further up. 20 Day EMA is above 50 Day EMA and is facing up. RSI is above 50 level and facing up. MACD has given positive crossover above zero which again is positive sign. If you do further analysis, 10 week EMA is above 30 week EMA and facing up. You should Buy @ CMP (1476) For the target of...
EXCELINDUS Continuation pattern on daily!! A close above 950 is crucial for the stock to see more upside momentum!! Target if closess above 950 is another 150 point consider the pattern size!!