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Hello traders, POWERMECH is near to a strong resistance and if breaks can give a great move. SL tgts and entry levels all are mentioned in the chart. check my other ideas to get to know about all the successful trades based on price action. Thanks, Aniket.
STOCK HAS SEEN VERY GOOD VOLUMES SINCE SOME DAYS HAS THE POTENTIAL TO REACH UPPER LEVELS MARKED IN BLACK LINES SL OF 350 CLOSING BASIS CMP 399.45
A Kenneth Andrade stock. Good Q4 numbers reported. Already on a tear but now attempting to breakout. Lets see if this time its different. #watchlist
Volume Surge CCI(D/W) crosses 100 Reversal confirmation EMA alignment is fresh TGC with strength #BoxBO on Daily Target 1125.85 / 1190.65 / 1295 Duration: 3 weeks Stop Loss: 853.50
Weekly CCI crosses 100 Momentum is now started EMA Aligned TGC with strength Binet's Formation detected Bottom is confirmed Reversal confirmation if closes with strength tomorrow C> 1054 and H >1078 with strength will cause a #BoxBO
Weekly CCI crosses 100 Momentum si now started EMA Aligned TGC with strength Binet's Formation detected
power mech made an expected move in an unexpected way it was so swift.
Hai Sir, The support is Broken ... So what will be the future of this stock? @mathewmathew, In power Mech: we are at mid heaven now. No strong support. The sector is under performing, so one cannot expect a strong reversal here soon, but definitely the trend line will support, around 360.
LIQUIDITY Many people assume that if the price of something is ₹10 and they have 1,000 of that stocks , they should expect to be able to sell them for something around ₹10,000. Such an assumption may hold much of the time, but it doesn't always. Worse, the cases where it fails to hold are often those where it would be relied upon most heavily. Such an...
Power Mech Projects: ₹ 440 is consolidating around, and may create a double bottom around ₹ 419. Watch for a better quarter is a good idea, is to find reversal time in confluence with the other indicators, currently showing divergence in indicators. The sector under performance is highly affecting this scrip very pathetically, otherwise a good runner up with a...