NSE:PRECWIRE has the follow features: A clear rounding bottom consolidation Then a breakout with a green hollow candle. Volume is higher than average (vwma) RSI is entering into 70 (OB) zone. BUT See the price made a higher high compared to 10th Nov candle, but RSI is low compared to 10th Nov. So, a weaker negative divergence may be forming. ...
CUP & HANDLE PATTERN Buy @ cmp 97_86 | WCBSL 79.50 | Tgt 112 / 120 / 138+
Precision wire has recently given inverse head & shoulder breakout on daily time frame and retesting the same zone. Offering good risk reward. RSI is near 60 or above in daily, weekly and monthly time frame. Keep on radar
A very interesting chart formation we can see in NSE:PRECWIRE . It was first an ascending wedge/triangle. The breakout happens. Then price retraces and retest the neckline of the wedge. Now the retest completes. Ready to fly. The N symbol (light blue), projection half-circle is shown. Trade : Buy above 103, SL: 97, T: 130.
Stock Name - Precision Wires India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 107 #This is not Buy and Sell recommendation to any one. This is for...
Chart -> Precision Wire Weekly An inverse head and shoulder breakout with volume in Precision Wire. CMP: 104 Target: 130 Good range: Around 95 SL: 85 Weekly 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.
This stocks seems to have broken out with increasing volume. Expecting a minimum target of 121- 130 with a stoploss of 84 on daily closing basis. This is just my view ...trade according to your own risk management.
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted. Pattern activate when price break the Neckline .
The stock is making a cup and handle pattern and looks good above 97.75 level (on day closing basis for positional trade) for positional targets of 104.5 and 114.5 It's a cash stock so kindly take less qty. Learn & Earn, Dr. Tanya Kumar
Precision wires. CMP:96 sl: 84(wcb) target: 115/130/175
NSE:PRECWIRE 92.95 1. Inverted head and shoulder pattern 2. Breakout at 93/94 level at neckline 3. Strong volume and price indicating a possible breakout 4. Resistances near 120 to 150 5. Support near 85.00 #TechnicalAnalysiswithMrChartist
Long PRECWIRE above 97 if sustain above for one hour .... Flag and pole break out Keep SL at 80₹
After the breakout Precision Wires moving sideways, 96 playing the role of resistance. The moment it closes above it, it will rally till 130. CMP 88 TP1 96 TP2 130 #PRECWIRE
1.cup completed 2.very high volume emergence sign of smart money 3.yesterday GAP-up
#PRECWIRE - RT Idea CMP : 71.30 Disclaimer : We are not Sebi registered analyst or Authorized analyst The charts / Levels / Price projections are only for educational purpose. This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell We will be not responsible for your profit and Loss Please like and retweet if you like this idea.
PRECISION WIRES Stock trading at Support levels Good buy-side volumes can be seen, in downtrend no volume coming. Also good shareholding pattern Buy positionally above 87/90 levels for positional targets of 130++
PRECWIRE looking good for long term one can go for long sound fundamentals
Breakout in PRECWIRE with volume above 316 target 345-418 Good support at 218-188 relative strength showing in this stock against nifty Market Cap-- ₹ 708 Cr. Stock P/E --12.5 ROCE-- 20.4 % ROE-- 13.1 % Promoter holding-- 59.7 % FII holding--0.16 % Debt-- ₹ 29.7 Cr. Public holding-- 40.2 %