This is a weekly chart for investment purposes As per the daily chart, it looks good to buy at the current price 290 Stop loos below Red Line close on weekly basis. 1st target: 397 2nd target: 500. For Short term swing trade. Please use the same indicator for stop loss on the daily chart till its price is close below it. Or you can use trend...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Premier explosives can give some great up move, after the breakout from current marked levels. There are some definite resistances along the way, which will act as target points. Not shown here are some technical indicators' parameters which led to the discovery of the stock. My current suggested stoploss level would be ~250. It's not a small amount, but given the...
Premier explosive CMP: 281 sl: 230(CB) target: 325/390 Note: educational post
stock has made round bottom on charts and another big round bottom is one the way one can accumulate here for medium to long term for target 350-450-550 stop loss 210
Chart is self explanatory FOLLOW FOR MORE IDEAS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
REASONS FOR BUYING THIS STOCK ON 28TH jUNE 2021. 1)MACD line crossing over signal line 2) Last day trading volume is very high with big bullilsh candle and so big bullish momentum built 3)RSI indicator ramped up and crossed 60 4) Morning star pattern formed at bottom of down move in bearish trend. So trend reversal indication. 5) Just a month ago a new big order...
PREMEXPLN (Premier Explosives Limited) BUY ABOVE 275