Breakout in PittiEngPittiEng is having breakout on daily and weekly charts. Stock may head towards 1350-1360 in upcoming days
PITTIENG trade ideas
PITTIENG will Boom from my perspectives.PITTIENG will Boom from my perspectives.
Fundamentals are good and Technically is good support from my perspective .
Educational Purpose Only.
PITTI- VCP in 45 min Bars > 40PITTI- VCP in 45 min Bars > 40
1) Testing the skills
2) 45 min tf
3) Consolidation
PITTIENG Resilient Rally:Strong Uptrend with Potential Breakout.Technical Analysis:
Uptrend Formation: The consistent higher highs and higher lows demonstrate a well-defined uptrend, indicating strong bullish sentiment.
SMA Support: The recent price movements have shown significant support around the Simple Moving Averages (SMA), particularly the 50 SMA. This adds an extra layer of confidence to the overall bullish bias.
Breakout Potential: The current price is flirting with a breakout above a key resistance level. A decisive move beyond this point could trigger a strong bullish momentum.
LONG PITTI ENG LONG can be done PITTI ENG
Rising 50 EMA
50 EMA > 200 EMA
Price > 50 EMA
Consolidation after a pivot volume
Breakout with volume-It is engaged in the manufacturing of Electrical Steel Laminations,Motor Cores,Sub-Assemblies,DieCast Rotors,Press Tools & machining of metal components.
-Market Cap 2219 Cr
ROCE 18.2%
Institutional Stake 5.64%
-Growth 3 Years
Sales 28%
PAT 21%
-Breakout with volume
Pitti Engineering LtdPITTIENG
Bullish Initiation Heikin Ashi Pattern formed
Buy above 656 | Tgt 666, 678 | Sl 640
It is my view, to trade on your own analysis
Break of trendline1.Pittieng has broke the trendline with good volume
2.RSI in position to rally
Gap up possible foe BTST trade
Keep the chart simple ...Let your chart speaks
PITTIENG INSIDE BAR CANDLEinside candle range
446 to 475
inside candle bar
above closing 470 buy
sell below 446
buying level 393
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : On result day trail your SL at 15Min Time Frame
Pitti Engeering looks to enter into strong territoryPitti engineering on the chart looks good and may touch 490 levels, BO of this channel can further push this to +550 levels.
Volumes on weekly TF look strong too, William alligator shows an uptrend. The net volume also shows an uptrend.
Not a trade recommendation, personally holding this
BREAKOUT, PITTI ENGINEER, 55% RETURN!!!BUY - PITTI ENGINEERING
CMP - Rs. 420
Target - 1: Rs. 522
Target - 2: Rs. 655
SL - 346
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Timeframe - 6-12 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Pitti ready to rise!Chart -> Pitti Eng Daily
After big consolidation of 9 months, the stock is looking strong for some good momentum.
CMP: 327
Good Range: 310 to 320
Target: 345, 375
SL: 304 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
PITTIENGCMP: 338
- Volatility contraction has been seen in the chart.
- The stock is now trading near breakout level
Pitti Engineering All detail for chat. good entry at mark price only. and must stoploss is 283 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Buy Today, Sell Tomorrow: PITTIENGDON'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 the chart are calculated using the BREAKOUT INDICATOR
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 and the rest of the time they either consolidate or fall
Resistance Breakout in PITTIENG
Buy Today, Sell Tomorrow: PITTIENG
Pitti Engineering - The leader is Ready?Pitti Engineering after a long consolidation likely to continue its dominant uptrend
Expecting Breakout ✌✌✌✌This scrip is expected to give trendline breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏🙏
PITTIENGSwing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
YR 2022 Idea #41: Long on PITTIENGThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
