Pudumjee Paper ProductsStock has given breakout on weekly charts after a long consolidation. Can add on breakp=out re-test. First target 49/50.
Strong above 50.
PDMJEPAPER trade ideas
PDMJEPAPER | Channel breakout - Potential for 25-40%PDMJEPAPER | Channel breakout - Potential for 25-40%
CMP : 45
SL : 40
Target : 58
Almost 1:3 risk reward setup (Based on Fib)
#PDMJEEPAPERthis time it'll going for ATH and give us a good return after crossing horizontal boundry
Pudumjee Paper Products - Technically Looking Good ! Stock has given a breakout (intraday) above 43.95, which was the previous swing high with strong volumes
Stock making higher lows since Feb 2022
No Recommendation
PUDUMJEE - BUYInverted head and shoulder pattern formed in PUDUMJEE PAPER.
Target 1 48.5 lvl according to previous resistance levels.
Target 2 50.9 lvl with respect to H&S pattern.
Strong Bullish in a short term
PDMJEPAPER New Rally set up!NSE:PDMJEPAPER looks very strong after support from the given area.
As paper industry is seeing high rally in stock prices i assume this particular stock to discover new ATHs(All Time Highs).
upcoming increase in stockWe can see a support at 38.65 and resistance is at 41.50. The stock has already above this support price and if it breaks resistance next resistance is at 45 so upto 45 we can expect the increase in stock.
Breakout to Happen - Pudumjee Paper productsBreakout to Happen - Pudumjee Paper products
Touching the same resistance and support level for the past 3 weeks
PDMJEPAPER PDMJEPAPER (M):- 46.4 CMP, BUY ON DEEP TILL 40 to 30rs FOR TARGET 60 :)
1) Multiyear Breakout :)
2) Huge Volume
Bull Flag pattern#Flagpattern #pdmjepaper
Bull Flag pattern Breakout with volume support
Happy LEARNING
MIRROR IMAGE? 🧐 PDMJEPAPER 📌 Only for Educational Purpose.
📌 This idea is part of the experiment to figure out if technical patterns work on fundamentally weak companies too. I'll trade it with a very tight stop loss.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!
Pudumjee Paper - 3yr Rounding BottomThe stock shot up one day post earnings. We can see massive volume accumulation in the past 6-8months.
The whole sector is on an upmove. The company has very low debt and can multiply from here.
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Pudumjee paper Butterfly BO done retracement doneTarget 1 - 28.50
Target 2 - 31.50
Target 3 - 34.50
Close Above that --- 62.
