Fresh Entry @CMP
TGT - 470 & 550+
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
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NSE:NAHARPOLY
Fibonacci Breakout with ATH Closing
Triple Bottom Base with Volume Contraction Pattern
Strong Support at Fibonacci Levels
Potential : Minimum 50%
Target: 391-437-512-558
Weekly RSI> 55 and rising
Volume Rising
Previous Chart of NaharPoly (Which achieved all targets) is provided in the Link below
This Trade idea is for 24 . 01 .2022
CMP : 354.95
Buy above 382
Target: 417 1:1 Reward
StopLoss : 348.65
Note For Safe Trade:
Always know your risk before taking entry..
1. Price crossed All time high with good volumes.
2. Price retested the breakout with decreasing volumes.
Entry: 335-345
SL: 305 (daily closing basis)
Targets: 370/385/405
--> Promoters holding remains unchanged at 70.29% in Sep 2021 qtr.
--> Institutional Investors have increased holdings from 0.03% to 0.18% in Sep 2021 qtr.
--> Quarterly EPS is in uptrend
-->...
DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
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...
Link below of my previous analysis.
Now one can wait for 275-280 levels for long position or risky traders at cmp, with SL as per risk appetite for target of 35-40%.
Kindly do your analysis before initiating trade.
After a marathon rally from 150 levels to 300 levels in 2 months (Jun - Aug), stock has been consolidating for almost 4 months and has formed flag pattern on weekly chart.
One can keep the stock in watchlist and wait for any breakout above 270 levels on daily CB, for the target of 320+ (20%) in short to medium term.
Kindly do your analysis before initiating trade.
this stock is showing a repeating pattern 2 times and this is now third time it had showed the same pattern the stock has given good gain after the breakout of this repeating pattern
triangle pattern breakout
volume is also slightly increasing
buy at 9;30 to 10;00 for good intraday gains
![NAHARPOLY: Swing 2-3 Days Hold Naharpoly [ Long ]](https://s3.tradingview.com/r/RbPNv0Sa_mid.png "Swing 2-3 Days Hold Naharpoly [ Long ]")
