#pcbl #trendingstock #momentumtrade #breakout
PCBL: 1-3 Months
>> Strong Bounce back from Recent Volatility
>> Good Inherent Fundamental Strength
>> Breakout Candidate
>> Good Strength & Volume
>> Low Risk High Reward Trade
Swing Traders can lock Profit at 10 % & Keep Trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep...
PCBL reached an ATH of 159.40 in Jan'18 before falling by 83% to a low of 27.05. It again rose to a high of 153.75 in Sep'22 and thereafter fell to a low of 108.70. In the process it formed a perfect Cup & Handle pattern on daily charts. Since, 2018 it was trading below multi-year resistance trend line.It has given from cup & Handle pattern on 14th Jun'23, forming...
On edge of line breakout. At all time high, clear breakout can give us 10-20% profit.
Results are okay. Good Fundamentals, acquisitions, dividend, profit etc.
For trading keep a candle close 266 as SL for a target of 330 - 250.
For investing try to add tranches until the fundamentals change.
Again gave consolidation breakout with strong volume. Looks good for short term / swing trade investment.
Trading at 311,keep sl blw consolidation phase . target can be 700.
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question...
Looking into the company’s Performance, PCBL Ltd’s revenue increased by 11 percent on a quarter-on-quarter basis from Rs. 1,487 crores in Q2FY24 to Rs. 1,657 crores in Q3 FY24. Further, revenue increased by 21 percent year on year from Rs. 1,363 crores in Q3FY23 to Rs.1,657 crores in Q3FY24
PCBL Ltd’s net profit increased by 20 percent on a quarter-on-quarter...
Possible trade only if the friday's close is higher than the Thursdays close price
Refer the chart for Entry, Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and...
Stock Name - PCBL Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 262
#This is not Buy and Sell recommendation to any one. This is for education purpose and...
Please 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...
#PCBL
CMP : ₹ .197.3
Broken 2 years resistance trend band . Also a Cup & Handle formation is visible. Technically looking good.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and ac t accordingly .
Good stock for long term holding provide buying at right price.
PE 16
ROE 16
✔️ Price gave good closing above the previous resistance.
✔️After making a double bottom or "W" Pattern.
Maintain SL as per risk management
Comment below and follow for more such stocks
Harmonic pattern analysis is a technical analysis method used in financial markets, particularly in trading and investing. It is based on the idea that price movements in financial instruments follow certain geometric patterns that repeat over time. These patterns are often referred to as "harmonic patterns" because they exhibit a harmonic or rhythmic...
