Onward Technologies Limited - long term, Microcap – IT
Ready to break out
Buy above 625 | Tgt 650 and 700 | sl 590
It is my view, to trade on your own analysis
#ONWARDTEC trading above Resistance of 608
Next Resistance is at 761
Support is at 406
Here is previous chart:
Chart is 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....
ONWARD TECH: BULL FLAG
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
Happy Trading(:)
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And finally, in this video, we'll give you some tips on how to invest in breakout stocks. We'll share with you our tips on how to find breakout stocks, how...
ONWARDTECH hourly chart is shown in the idea.
As per the chart shown above, ONWARDTEC is continuously making new higher highs and higher lows. This stock is taking trendline support which is marked in green from last few weeks.
currently, the stock is consolidating in a range from 480 to 530, to formed a selling zone at around 520 to 530 levels, and buying...
BUY-ONWARD TECHNOLOGIES
CMP - Rs. 461
Target - 1: Rs. 620
Target - 2: Rs. 865
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Technicals - Resistance BO
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This is just a view by an expert analyst, please invest at your own risk.
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Onward Tech Q4-FY23 Concall
1. Despite uncertain macro events, the company was able to achieve its target milestones. Witnessed growth in all 3 verticals.
2. Aspire to see continuous improvement in EBITDA margins; the top 25 clients continue to grow very well.
3. Pawan Nathani has joined as new CFO, he has 20+ years of experience in the industry.
4. Very...
Cup & Handle Pattern
#ONWARDTEC
- Good Accumulation during Pattern Formation
- Price build up at Handle's resistance with dried up
Volume
- Above All key EMAs
- Bullish RSI
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...
Stock after whopping 100% returns in 3 months (May - July 2021), has consolidated and has formed descending triangle pattern on weekly chart, with 215-220 levels as strong support. Now, one can consider long position with SL 210 on weekly CB for targets of 260 and 280 above with more than 1:2 RR.
Kindly do your analysis before initiating any trades.
