📊 DETAILS Sector: Plastic Products Mkt Cap: 1,113 cr Prakash Pipes is engaged in the manufacturing of PVC pipes & fittings and packaging products. It was incorporated in June 2017 created out of a demerger from Prakash Industries Limited. TTM PE : 14.98 (High PE) Sector PE : 76.92 Beta : 1.09 📚 INSIGHTS Strong Performer Stock with...
-Major Trend + Resistance Breakout -strong closing -symmetrical triangle pattern breakout -taking support in lower trend
A stock thats valued cheap and the results have been improving. Long above 435 with a SL below 390 to start with. (Since its deep we start with lower allocations like 5%) Once the stock moves and we can raise the SL to cost that then allows us to double our allocations. Ideally above 470 double up and hopefully ride the stock up much higher. Recently a...
Entry: above 425 SL: weakness below 402 Targets : 490/540 Setup Invalid : If price goes below 382 ● Pattern: VCP ● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. ● Price went up around quick 80% in span of 6 days in October ● After that, price moves sideways forming Higher Low's and Lower High's
Short Term Trading Advice by Goodluck Capital Buy Prakash Pipes (NSE:PPL) Buy Range- 420 - 440 Target- 500 - 520 StopLoss- below 375 Potential Return- 18-21% Approx trade duration 14 - 15 days
Prakash Pipes Ltd , currently at CMP 448.90, has recently experienced a breakout. Historical data suggests that breakouts with significant volume tend to perform well. Today, the price has broken out with notable volume. Key Points: Breakout Observation: The breakout pattern, particularly when accompanied by substantial volume, has historically yielded...
Volatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation. It has the following characteristics: The Stock must be in stage 2...
NSE:PPL LONG TRADE IN PRAKASH PIPES LTD. Best Buy : 440++ Stop Loss : Below 395 Targets : 460/500/540+++ Analysis; Prakash Pipes Ltd is currently experiencing a bullish trend as indicated by the proper price action and the upward channel it is following. The company has demonstrated strong support from its channel low as well as the...
📢Cup & Handle Pattern #Breakout PPL + Continuation pattern BO + Good Volume Buildup + Trading above Key EMAs
In recent chart analysis, PPL Corporation (PPL) appears to be crafting a classic Cup and Handle pattern, signaling exciting possibilities for traders seeking a bullish trend reversal. However, it's essential for traders to exercise prudence, considering historical performance, market conditions, and risk management strategies to ride the potential upside wave in...
Prakash Pipes will touch 500 levels in upcomming days result are also good Hold it we can see a strong momentum in upcomming days. NSE:PPL disclaimer: This is not buy or sell signal it is only for educational purposes.
Flag pattern and break above Resistance levels. CMP : 289 Target :380-400 Stoploss : 250
Prakash Pipes forming a bullish pennant on daily time frame. Wait for a breakout on the upside. For educational purpose only. Not a buy/sell recommendation.
PRAKASH PIPES as per day chart analysis Stock ABOVE 166 TARGET 168 Happy Profitable Trading to All...
Triangle formantion and volume accumulation. keep in your watchlist. only for information and education purpose. please consult your adviser before investing
This scrip is expected to give some short term returns in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
This is only for education purpose only. Please check your own analysis before you take a trade
Looks like a promising ascending triangle formation in the hourly charts, break out expected by end of today for target of 210 by 26th May 2022 closing.. stop loss if price closes below the triangle support line...in higher time frame as well stock is consolidating in a rectangle ... however, smaller targets first with smaller SL...market remains highly...