-resistance breakout with very high volume -support from lower trend and 50 ema -very strong closing -i am expecting 50% move from here
#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 Please give a Boost or comment if u r Liking the analysis & Learning from it....
PALREDTEC: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)
📌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...
Formed 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.
Link below in description of my previous analysis. Kindly do your analysis before initiating trade.
This 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...
Dragonfly pattern formation in Palred Detailed analysis given on the chart. BSE:PALRED
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.
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%,...
PALREDTEC Monthly chart... Cup and handle breakout.... For study purpose only...
Good volume breakout Horizontal resistance breakout Good size green candle Ascending triangle pattern Levels mentioned in charts Only for educational purpose
Palred 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.
For educational purpose only. It's not a call. Do your own analysis.
Buy 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.
stock broke the support a week ago still below the support good chance to short it also the quarter results are not good too
Buy Palred technologies between 85 to 100 and hold for targets of 170, 200 and 250. Keep stop loss at 75.