Reason for long
a) wave 4 in wave 3 set up
b) SL compulsory
c) Super vwap set up
d) Fundas stock and it will very slowly and may take 5 months to reach target
e) SL compulsory
BUY - GANESHA ECOSPHERE
CMP - Rs. 1097
Target - 1: Rs. 1388
Target - 2: Rs. 1699
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Timeframe - 3 months - 6 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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This stock is in a high uptrend on weekly as well as monthly time frames. Also, the stock is forming HH and HL. The Stock has also formed a channel. A very high probability that the stock will move upside from the current level above 1100 for the next target price of 1200-1250 with SL of 1045.
#GANECOS trading above Resistance of 1025
Next Resistance is at 1363
Support is at 739
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
With the new expansion inaugurated today worth 350cr this company could see new tailwinds. They are in a green industry too.
The stock has bounced from the golden fibo ratio and could start a new move upwards.
I will be allocating 50% above 696 and then again above 720. After first entry SL will be below 660. Post 2nd entry SL can be shifted to 690.
Stock has given a huge breakout with huge volume candles in last few weeks. With this kind of accumulation at ATH level, stock looks more stronger for further upmove.
Flag and Pole Pattern, Cross all pervious resistance.
* Promoters increased their stake
* Volumes up
* New Base around 580 Rs
* Potential Target of 1734 Rs
*************Hold for Longterm****************
Disclaimer : Strictly for Education and not a stock recommendation.
1- Nothing much to explain very simple analysis
2- channel breakout with reversal pattern in weekly time frame
3- Reversal pattern confirmed with second week closed in Green , which is good sign.
4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's...
buy above 520 in intraday and swing
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
keep quantity less as stock is not very liquid
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per...
