Breakout on cards?Stock went into long consoldation period and hence forming IHNS pattern visible.
can be bought above 14100 for 10% move
SL 13400
PGHH trade ideas
PGHHPGHH/NIFTY FMCG Spread chart is showing that it may take support here and join the party with other FMCG stocks soon
Swing trade - daily charts (Trading in channel)PGHH is trading in a channel that is marked in the above chart. At this moment, the stock is at a very crucial level i.e. trading at the lower end of the channel. We have multiple reasons to go long here:
1. Currently taking support at 100 MA.
2. In an uptrend and trading in the marked channel.
I think if we see a green candle here, it's a great opportunity to go Long with a nice risk-reward of 1:2. Targets can be achieved within the next few weeks only considering the past performance.
Intraday Trade: watch for resistance breakoutbuy above 14140 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Bullish View on PGHHMedium to Long Term View:
Stoploss 1: 12350
Stoploss 2: 12100
Target: 20350
Note: Post only for education purposes.
Procter & Gamble Breakout & RetestNSE:PGHH PGHH had given a weekly breakout with strong volume and stock has been making small red candles since then.Retesting candles are being formed with little volume.
Stock can go towards 15000+ in near term.
PROCTER & GAMBLEThis stock is been in bullish trend since nov 2020.Now it is taking support of 15 SMA which shows a bullish momentum is to be continued. Buy above 13100, SL 12936, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Ascending triangle formation on daily chart.Earnings on 1st,
daily chart is forming ascending triangle.
Important level to watch is 11495.
If this level is break, stock can rise till 11900, then till 12400
Stop Loss at 11097
Positional Long 11343 targetOn Daily charts the stock has formed bullish pattern and MACD is also signalling a buy.
Buy for a target of 11343 with stop loss of 9734 on closing basis.
PGHH MAY FALL TO 7500 LEVELS SOONERPGHH MAY FALL TO 7500 LEVELS SOONER
ENTRY LEVELS:10100-11100
STOPLOSS:11222
PGHH will move up by 800 point in near futureMy view : RSI is 40 and share price is support level of 10000, and have the resistance at 10800, so near future price is 10800.
Note : Profit or loss, all responsibility is yours
PROCTER & GAMBLE HYGIENE AND HEALTH CARE LIMITED PGHHPGHH showing strength near the support line with strong volume.
Today 20/08/2020 Delivery percentage was very decent 50.12%.
Buy above 10110
Stop Loss 9880
Target 10600
Risk Reward 1:2
