PRECOT LTP 561 TGT 2X++PRECOT has bounced nicely from Breakout Retest Zone of 400-350 levels and now trading at 561, it has Potential to show 1000-1200++ levels positionally
PRECOT trade ideas
Continuation Diamond - Bullish PatternNSE:PRECOT
The price has broken upward out of a consolidation phase, indicating a likely continuation of the previous uptrend.
Initially, during a downtrend, prices form higher highs and lower lows, creating a broadening pattern. Gradually, the trading range narrows as the highs peak and the lows begin to trend upward.
When the price breaks upward out of the diamond's boundary lines, it signifies the resumption of the prior uptrend.
*Please note I am not SEBI registered, please consult your financial advisor for any trades.
*This chart is only for educational purpose.
Precot- Caught in UC for several daysPrecot- Caught in UC for several days. Cup and Handle breakout done with UC today. Even though breakout is done, wait for the weekly candle close above 397.50 as shown in the purple colour to confirm the breakout. Target is 650.
Team Stocks-n-Trends
Note: This is for educational purpose only.
Precot- Got caught at resistanceC&H breakout pending for the target mentioned in the chart in green colour. Entry after the breakout is advisable.
Team Stocks-n-Trends
Note: This is for educational purpose only.
Precot Ready to Big Breakout AgainPrecot is Right now at Resitance Level
if it is Break this level More profit is one the way
Hold it or you Can Enter Here For Target of 400
Precot Simple price action. Formed falling wedge pattern. Gave breakout with strong volume. Looks good for short term investment. Trading at 222. Keep sl at 180. Keep target 274/386/560. Follow me on youtube on rajeshahi trading.
BOTTOM TRIANGLE - PRECOT DAILY CHART ANALYSISPRECOT DAILY CHART ANALYSIS - Showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Target: Rs. 198
Self explanatory daily chart analysis for educational purpose
Technicals - Bottom Triangle Pattern / Bottom Wedge
This is just a view by an analyst, please invest at your own risk.
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PRECOTPRECOT (W):- A falling wedge is formed by two converging trend lines when the stock's prices have been falling for a certain period. Before the line converges the buyers come into the market and as the result, the decline in prices begins to lose its momentum. This results in the breaking of the prices from the upper trend line.
PRECOT is now in good buying zoneThis stock is now in good buying zone
buy @ 200 And sell @ 230 above maybe in next few days
this details just for education purpose
PRECOT educational idea- Precot we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis.
PrecotPrecot Ltd. CMP: 302. SL: As per swing stop loss is little big. Pls decide as per your risk. Target: 370/470/590.. stock has broken around 14yr long consolidation channel and now consolidating above the BO with volume...this stock can give 2x return
Note: educational post
LONG PRECOTReasons and indicators to buy:
-RSI above 60
-MACD Crossover
-Today's Volume greater than the past 5 trading sessions
Precot Meridian LimitedWedge pattern in Precot Meridian Limited. wait for the breakout with high volume.
PRECOT LONG TRADEPRECOT LONG
CONTEXT:
1. STRONG BUYING POWER
2. ALL TIME HIGH
3. CLEAN CONSOLIDATION
4. GOOD FUNDAMENTALS
Precot has an operating revenue of Rs. 665.14 Cr. on a trailing 12-month basis. An annual revenue de-growth of -8% needs improvement, Pre-tax margin of 5% is okay, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 31%, which signals a healthy balance sheet.
PRECOT Swing TradeCan buy above 132.5..Target is on the chart. Do your own analysis before investing.
