PARAGMILK trade ideas
Long when 100 or strong close above 120 !!Price before reaching the support level ( trend line support) moves up and getting rejected from the resistance. If closes above 120 it will be a good call for long positional trade else wait for the trend line support level around 100.
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Parag Milk Foods LongParag Milk Foods Ltd. consolidating in an Ascending triangle pattern in the weekly chart and likely to see short term momentum above swing high of 122 level. Techical parameters looks neutral as of now. probable resistance post breakout comes at 135 and then at 160 level.
Symmetrical Triangle , Look for daily to buy in dipsWaiting for dips on daily, I will enter at a favorable R:R
Parag Milk Foods Crucial Support at 93Parag Milk is into dairy products and have released their Quaterly financial Statement with a drop of 90% PAT, This could be the reason for the recent sell off. The CMP 97.5 is really close to a crucial support level along with the RSI indicating it to be in the oversold region for Parag Milk Foods on the 30m Chart as well as the 5m, 45 and Daily chart. This could turn out to be a point of Trend Reversal. The price movement in the remaining days could really point out the subsequent trend direction. Strong resistance at 109.85.
Disclaimer: The views expressed are completely based on author's analysis of the chart pattern and information available on the internet. Due diligence is requested. Please consult your financial adviser for clear understanding.
One Right Trade's Swing Trade Idea #146 : Long on PARAGMILKThis is a public swing trade idea from "one right trade" 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 it iff you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Parag Milk buy at lower levelsBuy from < 135
daily clbs sl 130.7
tg 155/164/176
buy only at lower levels.
PARAG MILK - DOODH SAKTHIONCE PARAG MILK STARTS TRADING ABOVE 264, ENTER FOR TARGET OF 298 IN THE COMING DAYS.
STOCK SEEMS TO HAVE GOOD SUPPORT AT 257.
A PENNANT FORMATION IS OBSERVED FOR THE LAST THREE DAYS.
AS THE FUTURE CLOUD AND TWIST ARE PRESENT, AND OTHER INDICATORS ARE BUY MODE, TARGET SHOULD BE ACHIEVED.
FLAG PATTERN BREAKOUT, GOING UP FOR 280 LVLS (PARAG MILK FOODS)Looking at current situation we have flag and pole breakout. My target is 10% which is 280 lvls in coming 2-3 weeks.
Three drives pattern formationI expect another upmove followed by a range bound down move the stock posseses good fundamentals.
buy for both short and long term.
PARAGMILK - Go LongGood for long term investment.
Stay invested for 1-2years and can expect good returns.
Current SL 735. Maintain week's low as TSL.
PagarMilk - A gifted Stock By Budget 2017IN budget 2017 government has given many surplus to dairy sector yet the major Stocks like Paragmilk haven't broken out of the channel and my view is they will do so in the weeks coming by
One Can Look To Go Long With 6 to 12 months Horizon.
*Note: The Given Trade is Personal Opinion Not Recommendation!
Parag Milk Products - My novice observationsParag Milk products have fallen with Good volumes.
In the medium term the price shall fall to S1 (194.22) and bounce back to T1 (234.29) and T2 (258) levels.
Long term support is at 105.14
