#NELCO - Inverted H&S Pattern BO - Validated with BO - Above Key EMAs - Bullish RSI A bit stretched which is why SL not favorable
NSE:NELCO ✅ #NELCO trading above Resistance of 700 ✅ Next Resistance is at 832 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 only. This is not...
Fresh Break out with Volumes Price on weekly Daily very bullish Trading above 20-50 and 200 MA's abv 880 new target would be 1000
BUY - NELCO CMP - Rs. 608 Target - 1: Rs. 822 Target - 2: Rs. 960 . . Technicals - Breakout out of a falling trendline. . This is just a view, by an expert analyst, follow me for more! . Follow me for more!
This scrip is expected to give one year breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Parallel Channel & Flag Pattern Breakout in Weekly and more buying pressure is there with no upper wick
Market Cap ₹ 1,705 Cr. Current Price ₹ 746 High / Low ₹ 972 / 179 Stock P/E 106 Book Value ₹ 35.2 Dividend Yield 0.16 % ROCE 14.3 % ROE 17.2 % Face Value ₹ 10.0
Technical: Infra sector stock which is formed wedge in the bull run. High probability to break up side. Fundament: Sales improved QoQ Big improvement in debt equity ratio is decreasing below 1. Disclaimer: Before investing do your own analysis.
Suggestions are based on my analysis only. Please do your analysis before taking any trade.
follow up on the previously published idea at 393. we have another breakout here of the same triangle kind. can go long for the given targets.
Triangle pattern breakout in the charts. upper circuit on the day of breakout showing signs of strength in a choppy broad market. use the below marked horizontal lines as stoploss.
Breakout Candle: Daily candle dated 11th August 2021 Breakout Candle Close: 427.70 Anticipated Price Target: 517 Suggested Stop Loss on daily closing basis: 408 (for the first 4 daily candles starting from 12th August 2021). Thereafter the book the profit/ exit on attainment of the price target or downward crossover of 26 EMA by 5 EMA whichever is earlier. RR...
NELCO Pole and flag pattern formation can be seen we can expect a good breakout anytime soon
Watch for flag breakout in NELCO. Monthly trendline resistance at the top.
Detailed analysis given on the chart NSE:NELCO
*for educational purpose only Wait for breakout with volume.
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...