PDMJEPAPER
1) Time Frame - Monthly.
2) The Stock has been consolidating since June, 2021 and has given a breakout with strong bullish momentum & Huge volume.
3) The stock will find its next resistance around the price (125).
4) Recommendation - Strong Buy
PUDUMJEE PAPER
BUY : 39-40
TARGET : 45
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
Pudumjee Paper
Time frame - Weekly Time frame
Pattern Flag and Pole Pattern
Study - Long range breakout with good volume
Other things mentioned in chart
This chart is only for educational purpose, do your own research before taking any trade
PDMJPAPER was in a parallel channel for almost a year now.
Strong breakout with volume expansion.
Almost a Flag & Pole Pattern
Entry - Above 45.60
Target 1 - 54
Target 2 - 67
SL - 39.75
As per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support
NSE:PDMJEPAPER
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For long-term trades look out for resistance drawn above closing
NSE:PDMJEPAPER - Range Breakout and strong trend indications
Trend Analysis :
Taking support at 50% we are moving aggressively to the upside breaking out from range. While the paper sector is performing great, this is my pick for a mid-term trade.
Though I might be a little late to post this, I still have high faith in this.
Chart Summary
> Breakout from range...
NSE:PDMJEPAPER 48.75
1. Rectangle pattern between 48 to 30 levels
2. Breakout with strong volume and price
3. Upcoming levels to watch 65-75
4. Support near 44-40 level
#TechnicalAnalysiswithMrChartist
this paper stock consolidated in 16th month it gives us breakout and stock going to break its 52week high
i m holding it from the level of 42 for target of 60+ with SL 37
NSE:PDMJEPAPER BSE:PDMJEPAPER
Time Frame – Weekly
Note – Sharing chart on monthly closing basis and before weekly closed. So, wait for weekly closing.
Observations :-
* Trading & consolidating in 31 to 50.90 range since last 1 year
* Range Breakout & Major breakout above 50.90
* All Time High is 50.90
* 38-40 small support zone and 35-31 strong support...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I...
