- Technical Analysis:
- Price fell more than 40% from the top and found support in the lower zone.
- Formed a bullish marubozu candlestick pattern, indicating strong bullish momentum.
- Currently approaching immediate resistance and trendline with high volume.
- RSI showing positive momentum, supporting the bullish view.
Trade Strategy:
- Entry: Consider...
Date : 17-03-2024
Buy PGEL above 1705
Target of 1843-1982-2121-2398-2952
SL 1395
Strategy : Bottom Pick + Reversal Confirmed
Duration few weeks to months
Please consult your financial advisor before investing
All research for educational purposes only.
Stock is ready to cross past barriers with good volumes
-green zone is resistance zone after breaking that stock can give 15-20% rally within a week
-RSI breakout already done with high volume
--keep in radar momentum is strong
PG Electroplast Limited is the flagship company of the PG Group, and is one of the leading players in India in Electronics Manufacturing Services. It is a diversified EMS providing OEM and ODM solutions for complete product and component manufacturing.
Market Cap
₹ 3,759 Cr.
Current Price
₹ 1,653
High / Low
₹ 1,716 / 821
Stock P/E
39.6
Book Value
₹...
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...
PG ELECTROPLAST 1 HOUR NSE CHART PATTERN
VERY SHORT TERM TARGET
ENTRY POINT 1877-1885
EXIT 2000
PG ELECTROPLAST is a pioneer and leading provider of Electronics Manufacturing Services in India
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
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
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
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
PGEL:- Cup and handle pattern has formed, breakout has given, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful...
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
PGEL:- Rounding bottom pattern has formed, wait for the breakout on the hourly chart, till then keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
