Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Procter and Gamble health is a pharma stock which is on the verge of giving horizontal level breakout.
A weekly closing above 5500 will confirm the same.
Stock is looking very strong with rising volumes.
Keep in watchlist. This will be a slow stock.
Clear BO from a symmetrical triangle can be seen. However, some resistance is possible ahead. Any move above these can result is higher probability of upper levels.
Green lines = BO levels
Blue lines = Possible price targets.
Red line = Stop Loss
--- --- ---
If there is no struggle, there is no progress.
- Frederick Douglass.
-3 Year Old Trend + symmetrical triangle pattern Breakout With High Volume
-retest also done in DTF
-rise in rsi and adx shows strength in momentum
-i am expecting 25-30% move in next few weeks
-keep in radar above 5300
i usually don't believe in patterns, since pattern trading era is gone. However, breakout works since price reacts first before the news.
It's just a perspective, a simple chart for pattern lovers.....
P.S: No Hate, only peace & Love for all traders out there!
This posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one...
PGHL:- Ascending triangle pattern has formed, wait for breakout, 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 ideas to get to know...
Procter & Gamble Health Limited is an India-based company that is primarily engaged in the manufacturing of pharmaceutical products. The Company provides healthcare products. It is involved in manufacturing and marketing over-the-counter vitamins, minerals, and supplements products for a healthy lifestyle. The Company offers brands, including Cosome, Neurobion,...
#PGHH formed a base in the range of 3900-4500 and now broken out after 50 weeks. A very good weekly candle is forming.
Fundamentally a very good company. Can be accumulated for 5100/5700/6400 SL 4300 CMP 4825
Buy abv 4711 stop loss 4340 daily closing basis. Hold position as 200 SMA has started rising. Target will be new LTH or 4 times of stop loss with trailing stop loss below 63 SMA on daily closing basis.
Disc : It's not an investment advise to buy or sell. Do your research
Keep an eye on #PGHL(Procter & Gamble Health Ltd), The Q3 result is good, and today it is up by 14%. I'm hoping for a turnaround. It has been corrected by 44% from its high. Currently outperforming both the #Nifty and its peers in the sector over the last 123 trading sessions.
BSE: 500126
NSE : PGHL
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST...
Analysis Based on Demand zone and Supply zones. long term investment pick.
Buy in Parts 4223 / 4153 / 3975 / 3810.
Tgt 4608 / 5040 / 5324 / 6220 / 6699.
SL Weekly close below 3800.
Next Buy range 3000 / 2891
Stok has corrected a lot from ATH.........and has reached the 78.6% retracement and also the end of channel......which makes me believe that correct is over for the stock.........one can start to accumulate the stock slowly for good returns in future...
In recent days we have seen FMCG sector moving positive vs Nifty relatively and one of the stock which i see has potential is PGHL with an excellent risk reward . The entry would be breakout of current consolidation zone with up movement to almost 25% . As a confirmation I do see divergence forming in RSI ... Keep a watch on this stock.
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on...
