Hi, It has given a clear Bullish Flag & Pole breakout on weekly charts with very good volume. MACD is also on the bullish side on daily and monthly time frames and can confirm the positive crossover on weekly time frame once the price closed above 485. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market senario I am...
#POONAWALLA It is a non-deposit taking NBFC. Market Cap 38,289 Cr. ROE 7.69 % InstHold 13.4% Growth YOY:- SALES 53% PAT 79% Breakout with Volume. #StocksInFocus
Triangle breakout is seen on I30 time frame with base formation of 43 points, adding to breakout gives a target of 525 and stoploss at 480
Reason for long a) Triangle breakout possible if day closing is above 500 levels b) weekly breakout , if day closing is green c) vwap breakout, if day closing is green d) Entry criteria: at 3.20 PM, if day candle is green e) SL compulsory Duration: 1 month
⚡️Strong management ⚡️Good Quarterly Results ⚡️Promoters buying ⚡️Retracement till Fibo 0.618 level 🔴 SL 450 🟡 CMP 473 🟢 TGT 521/592/710
sock try to brack flag pattrn,all details mentioned at chart.
Reason for long a) Mr.14 set up b) Good engulfing candle c) Triangle breakout d) Good risk reward zone e) SL compulsory
Promoters of Poonawalla Fincorp bought total 4033000 shares at average price 495.85. Total of amount 200 crores.
Reason for long a) Open = low set up b) Triangle breakout c) volume spurt d) weekly breakout e) SL compulsory f) good risk reward zone g) super vwap set up
After giving all time high of 335 levels we have retest of the same level. Its taking regular support at 50ma. SL T1 T2 on chart
Bullish trend on the charts Following factors are contributing towards bullish momentum of the price firstly, the stock has broken out on the higher time frame and the rise in volumes is supporting price breakout. secondly if we see the ICHIMOKU indicator then the cross over on the weekly time frame has taken place above the cloud - as per the teachings it is...
This is the analysis of POONAWALLA in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
POONAWALA FINCORP Showing Good Breakout on Major 1D ResistResistance Zone with Small Pullback. Best for further rally Long Term or Swing. KEEP ON RADAR
Poonawala Fincorp CMP 458 ATH breakout then retest and range breakout again for new ATH.. SL at 425 DCB for short term trade and 390 DCB for positional trade..
*Positional Trade* Buy Poonawala Fincorp Between 435-455 SL 399 (Round 50Rs SL) Target 1: 533 Target 2: 560 Target 3: 570 Trade as per your risk rewards
cup and handle ...a rounding bottom pattern formation breakout price is 450...volume decrease on selling day...breakout with strong volume Rsi was taking support at near 60 level on daily time frame Entry- 450, stoploss- 420, target is 550
Cup and handle breakout in Poonawalla Fincorp Ltd with high volume