My Target is 50% for PALRED from here.-resistance breakout with very high volume
-support from lower trend and 50 ema
-very strong closing
-i am expecting 50% move from here
PALREDTEC trade ideas
PALREDTEC (weekly chart) - (1-3 Months)#PALREDTEC #breakoutcandidate #vcppattern #swingtrade #momentumtrade
PALREDTEC : Holding Period 1-3 Months
>> Breakout Candidate
>> Beautiful VCP pattern
>> Volumes Building up
>> Good Strength in stock
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
PALREDTEC:Likely Double bottom b/outPALREDTEC:Likely Double bottom b/out.Has formed a double bottom breakout in long term weekly charts.Shows possibilities for a breakout above 210 towards 230-/240/250 (For educational purpose only)
BREAKOUT IN PALRED TECHNOLOGY📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF PALREDTECH :-
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Palred TechFormed C&H pattern and is very bullish. Anyway most of the IT stocks are on bullish move including this. In near term it may touch the given targets. Hold it tight.
Target hit with 50% from suggested level... Link below in description of my previous analysis.
Kindly do your analysis before initiating trade.
Rounding Bottom Long investment IdeaThis stock is on the verge of breaking out its previous high and going for a All time high level.
Chart pattern is quiet like a rounding bottom / somewhat inverted Head and Shoulders,
what ever the pattern is, but the point is this stock price is breaking above its consolidation zone.
Such stocks may give multi-fold returns in less than half of the time of its consolidation.
Watch for Breakout to grab the opportunity !!!
Happy Investing !!!
Dragonfly pattern formation in PalredDragonfly pattern formation in Palred
Detailed analysis given on the chart.
BSE:PALRED
Cup and handle breakout with good volumes !!Stock has given breakout from C&H pattern on weekly chart with good volumes and also made new ATH.
Longs can be considered at cmp or any retracement till 200-205 levels, with SL 180 on weekly CB for target of 300+ (30% from cmp) in short to medium term.
Company has NII's as majority stake holders along with FII's.
Kindly do your analysis before initiating trade.
Chance for multi-bagger in IT sector (Small cap)Pros :
Technical: Clear cup and handle break out, BO confirms volume.
Fundamental: Sales increased almost 150%, PAT, Net profit, ROE increased YoY.
Cons :
Debt on equity increased but < 1.
Current Ratio and Quick Ratio also decreased but > 1.
Note :
Chance are very less for pull back so need to do splitting capital allocation. (For example current level 30%, Next retracement-reversal 40% and retracement - BO 30%)
Disclaimer : Education purpose, do your own analysis before buy/sell.
PALRED resistance breakoutGood volume breakout
Horizontal resistance breakout
Good size green candle
Ascending triangle pattern
Levels mentioned in charts
Only for educational purpose
Another Gem Multibagger - Palred TechnologiesPalred has broken out of a long consolidation
kind of rounding bottom / cup and handle formation breakout
Volume also good.
It may give mutiple times target, although first targetting a the height of the cup.
Buy PALRED technologies for swing tradeBuy PALRED technologies for a swing trade of 8-10%
above 130
for the target of 145
Disclaimer: This is just for education purpose. Consult your financial advisor before investing.
PALRED TECHNOLOGIESstock broke the support a week ago still below the support good chance to short it also the quarter results are not good too
Investment Pick - PalredBuy Palred technologies between 85 to 100 and hold for targets of 170, 200 and 250.
Keep stop loss at 75.
PALRED_Long_Swing_02.10.2017PALRED_Long_Swing_02.10.2017
Stop can be kept below the below the bottom trendine
