very good valuation price bouncing from ascending triangle pattern breakout and bouncing from 200 day EMA
Reason for long a) Pole and flag set up b) entry point is important and should be as per indicated chart otherwise it will be in trading range c) QQE long indication e) debt free org f) public holding less than 30%
Book profits within the first 30 minutes of the market opening - Try to exit by taking 10-15% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
JPOLYINVST Price Action B/O - CUP AND HANDLE - Looks long for tgt of 800 + with multiple resistances Disc: Not an investment advice, only for learning
After breaking out from 2014 top , stock re-tested 200 levels. Consolidating since Nov'21 Daily, Weekly & Monthly RSI above 60+ Price above Daily, Weekly & Monthly EMA 9,21,50,100 & 200 Stock given breakout on weekly charts One can go long on this share with targets of 4 digits in coming few years ** Educational purpose only**
Jindal Poly Investment has crossed 52 week high with decent volumes and we can see cup and handle breakout on the charts. Based on this we can expect a good move. Target 620 by year end.
I f a stock moves beyond its resistance level, it will often go on to make a sustained upward move. If it moves past its support level, it may be about to go on a bear run. Support and resistance levels are seen as 'stronger' if a stock hits them multiple times. In turn, stocks that break through these 'stronger' barriers are more likely to then go on extended...