First breakout for this baby stock ready for upside-first proper breakout after listing in nse
-huge volume
-looking good above 80.50
-stoploss will be a little bit higher side
PARADEEP trade ideas
PARADEEP bullish; above 77.25? - Wednesday 3 Jan.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
#Paradeep#Paradeep Phosphates ltd -Positional
03.01.2023
Looks good around 74-77 dips
for 110/140
Cmp 80
POSITIVE BREAK OUT WITH VOLUMEParadeep Phosphetes has given positive break out with huge volume both on weekly and daily charts one can buy for the target 90 with the stop loss 72,68.
Please do your own analysis before investing in the stock above analysis only for the educational purpose.
Paradeep potash technical projection.The stock retraced from Golden Fibonacci ratio and formed cup & holder formation.
Breakout above 77 will likely open the stock to the levels of 86 (T1)/ 103 (T2).
Afterwards, there is a possibility of much larger Elliot motive wave rally to begin for targets of 180 (T3) and finally will be waiting for the final wave to 310 (T4).
Paradeep Phosphates ready to fire 🔥My view on #ParadeepPhosphates CMP 76
VCP pattern
ATH #BREAKOUT
Support at 68
Target 90|100|120
Monthly narrow CPR
Monthly resistance broken
#gold #crypto
Breakout in PARADEEP PHOSPHATESAscending Triangle Breakout with volume accumulation
RSI near 65 and rising
Trading above EMA50
Volume increasing
PARADEEP PHOSPHATES LTDPARADEEP PHOSPHATES LTD - Breakout on charts with volume and expecting 25-35% return on the script in short term.
Watchout for Triangle Pattern breakout in Paradeep PhosphatesCMP:65.60
BO Entry :66 above
Tgt1: 72
Tgt2: 75
SL :58 WCB
Chart only for Educational purpose!!
PARADEEP- Cup n Handle breakout - 30% upside potentialPARADEEP has formed cup and handle pattern and giving breakout from 75 resistance levels.
SL: Hrly candle close below 73.
Target: 90, 98
Paradeep Phospkate Manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.
Triangle Pattern Breakout - PARADEEPPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Paradeep BUY at support. Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.
RANGE BOUND Paradeep Phosphates has given good Q2 results but stock is trading in small range with low volumes,still stock can give good return in mid term i accept target 75,80
Do your own research before investing.
72 : Breakout Level Ascending Triangle Pattern in Daily Chart
Invest above 72 breakout and close above 75
Target : 106
SL : 60
Risk is yours and Reward is too yours totally
Cup Handle PatternCup & Handle Breakout in Pardeep Phosphate
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 70
Target Price 77
Note:- I am not SEBI Registered This Trade is only educational Purpose
#Paradeep potash #FibonacciParadeep potash on high confidence reversal golden ratio reversal pattern
Paradeep Phosphates Ltd - Multiple Breakouts Paradeep Phosphates Ltd is India's second largest phosphate manufacturing company from Pvt sector. Multiple breakouts are seen in the chart. Parallel channel breakout, Cup & Handle breakout, trend line breakout - all are confirmed. Dividend date is on Sep 2023. A small correction can be expected after that. Have support at 68 levels. Technically chart looking good. 100 levels are within arms reach
Paradeep Phosphates- bullish- c & h breakout done.Paradeep Phosphates- C & H breakout done. both fib ext and c & h target are exactly matching. ready to buy. As its a chemical stock, the trends also favouring. can see a quick move next week. Target is 92
PARADEEP - Bullish Momentum BreakoutNSE: PARADEEP is closing with a bullish momentum breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
PARADEEP ShortHS pattern and Possible Support breaks to cover previous unfilled gaps:
PARADEEP
Short(Sell) below 57.7
SL above 60
Targets: 55.25, 54.5, 53.2--
***Educational Purpose only***
Pardeep PhosphateLong entry can be taken after the BO of the resistance area. This stock forms the HH & HL. Also RSI level above 60 on higher time frames. Good risk to reward trade. This is for your educational purpose only.This is for your educational purpose only.
PARADEEP PHOSPHATES TARGET 72PARADEEP phosphate raising wedge breakout with day bullish. If it sustains above 64.30 in the day it will reach the target 72. Stop loss 57
