A stock that's been doing well for itself business wise.
The company is guiding of a 40% CAGR growth over the next 2 years at least.
Long at current price with a stoploss below 550.
Add more above 600..
The 200EMA is a great crossover point.
Additionally Malabar Capital has recently increased its stake in the co to above 5%.
Volatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation.
It has the following characteristics:
The Stock must be in stage 2...
Consolidation days : 225+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
PE - 33
ROE 19
✔️Price near to trendline resistance & above which closing is imp.
✔️Post breakout price may retest the same trendline as support
Maintain SL as per risk management. Follow for more such stocks.
The stock has had no looking back..just moving up and up..
Many people are put off by the same but the management is growing the co and guiding to double profits each year over the next 2 years..This could mean the stock still has a lot of upside left..
Long at current prices with stoploss below 615..
Can even double up above 690.
This one could go till the...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
NSE:HARIOMPIPE
✅ #HARIOMPIPE trading above Resistance of 515
✅ Next Resistance is at 580
✅ AT All time high
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
price movement is narrowing down and a good time to watch the stock as it has a high chance for correction after running 124% after the 2022 Aug breakout.
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades (high momentum stocks) at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the...
HARIOMPIPE:- The stock has given a breakout by forming an ascending triangle pattern, a good stock for short term, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow...
Stock Name - Hariom Pipe Industries Ltd
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 451
#This is not Buy and Sell recommendation to any one. This is for...
HARIOMPIPE:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to...
NSE:HARIOMPIPE
✅ #HARIOMPIPE trading above Resistance of 410
✅ Next Resistance is at 515
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Stock Name - Hariom Pipe Industries Ltd
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 437
#This is not Buy and Sell recommendation to any one. This is for...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
