PRINCE PIPES - Swing Trade Analysis - 15th May #stocksPRINCE PIPES (1D TF) - Swing Trade Analysis given on 15th May, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance - Done ✓ - Daily Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * DisclaimerLongby TradeRyteStockz1
Only for risk takers - Gambling?Prince Pipes Price is falling but RSI stabilized from some sessions. It might become a falling knife too. Other pipe companies like Astral, Finolex Industries Ltd are not looking weak. May be we will see a news that some large player completely exited and selling is happening all this while. I am not trading in this, do not have enough capital to bet. Just sharing so you share your thoughts on this. I call this one gambling or betting. Keep a strict SL that you are okay to take. 545, 530 are support levels. or better off avoiding.by RS_V0
Prince Pipe (Farming Falling Wedges)Forming Falling wedges If it sustains above 600 then you can go for long for 675 with stop loss 580 Longby arvindkp241
Prince Pipes & Fittings LtdIts near its 52 Week low. Promoter Holding is good & No promoter Pledged. Below 200 EMA on weekly chart (White Line). Demand Zones are marked as Green shaded horizontal areas. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Reduction in debt & debt is less than reserves. Levels:- Buy 510 - 400 Stoploss 360 tgt 735 - 855 - 1000 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.Longby MasterTrader1949X10
PRINCEPIPES- 8 ka funda 100>200 fOR bIG tARGETS 90 days 1) Strai8 ka funda 100>200 fOR bIG tARGETS 90 days 1) Curvy Pattern 2) Volume Low 3) Breakout possible, provided dont go below this curveLongby saurav0991222
PRINCEPIPE | Swing Trade📊 DETAILS Sector: Plastics - Tubes/Pipes/Hoses & Fittings Mkt Cap: 8,121 cr Prince Pipes and Fittings Limited is an integrated piping solution & multi polymer manufacturer. It was established in 1987 and initially manufactured PVC products. It is currently engaged in the manufacturing of polymer piping solutions in four types of polymers CPVC, UPVC, HDPE, PPR. TTM PE : 36.95 (Average PE) Sector PE : 76.67 Beta : 0.78 📚 INSIGHTS Strong Performer Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation 4.60% away from 52 week high Underperformer - Prince Pipes & Fittings up by 7.26% v/s NIFTY 50 up by 7.76% in last 1 month 📈 FINANCIALS Piotroski Score of 7/9 indicates Strong Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 1110
Price action Explained PRINCEPIPE - Price action Explained + Go through the Chart for more Understanding + Spending time at the resistance with low Volume + Trading above Key EMAs by ChartShala6
Prince pipes Prince price looks good for more upside with volumes increasing and a clear change in trend Longby vishalsakshiphotos3
Prncepipe Ltd. Weekly chart AnalysisPrince pipes weekly chart Anayas. Cup and handle breakut. Good for buy abv 761 TG 850&958. SL 710. Hold for 6-8 months . Weekly RSI alos good -62 . Longby rameshsharma810
Fresh Breakout_ PrincepipePrince pipe witnessed a fresh breakout. Multiple breakouts on weekly charts (Inverted Head & Shoulder) & (Flag & Pole) Breakout coming after 2021, likely to open for an upside till 1000+ levels Longby CA_Chetanbhasin1
prince pipeprince pipe gave result in novemeber month. made good base cmp 688 support 600 above 750 good run gave tgt 850,900Longby Jinalpipaliya29051
Prince pipe I have but view on Prince pipe with the target of 1000 plus in long term view . We can easy see cup and handle breakout on the chart . And this quarter result are excellent.Longby Mitesh15123
PRINCE PIPES FITTINGS DAY CHARTchannel support and engulfing candle to trade 1:2 target NSE:PRINCEPIPE Longby vel4693Updated 4
Prince Pipes - Long exact level 723.65, previous swing high Levels have been marked on 1H Chart with white and red horizontal lines respectively. Please adhere to them. Disclaimer: I am not a SEBI Registered Analyst and this is only for educational purposes. I will not be responsible for any of your profits or losses. Please consult your financial advisor before making any decision.by rekhi5670
Prince pipe seems goodPrince pipe seems rounding bottom formation in weekly concentrate for short term, minor term if price sustain above 730 in dailyLongby Tamilniftyanalysis13
BREAKOUT, PRINCE PIPES, 56% RETURNS!!!BUY - PRINCE PIPES FITTINGS LTD CMP - Rs. 711 Target - 1: Rs. 896 Target - 2: Rs. 1113 . Timeframe - 4 months - 8 months . Technicals - Bullish Flag Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshguptaUpdated 8
#PrincePipe CMP693 formation of rounding bottom#Princepipe is forming a rounding bottom bottom after consolidating for 52 weeks. Looking good to buy at these levels for 730/775/830 with SL of 650 on closing basis. Please do ur own study before any investment.Longby trendline191
Prince Pipes Turning Around1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop After a long consolidation NSE:PRINCEPIPE is showing signs of upward movement, buy with a stop at ₹620. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.Longby akashbothra0
PRINCEPIPE LongPrice has been on increasing trend from past many weeks. 550 price level has good demand and multiple touch points can be seen on support line. 55W RS increasing and may cross above zero line. by MrGaggi4
PRINCEPIPE Swing TradePRINCEPIPE Buy : 678 Target : 745 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.Longby Short_Bull0
PRINCEPIPE's Breakout and Divergence: A Winning Trade Setup!PRINCEPIPE recently experienced a breakout with significant volume last month. Now, if we examine the weekly chart, we can observe that the price is currently testing the breakout level, which previously acted as resistance. At present, the price is trading near a crucial support area. 📉 Bearish Candles and Volume Divergence: On the daily chart, we can spot six bearish candles consecutively. However, a closer look at the volume reveals exhaustion. There seems to be a clear divergence between the declining volume and the price action. Furthermore, on the weekly chart, despite the intense selling pressure reflected by the red candle, the volume is surprisingly low. 📈 Trade Setup: Considering the current scenario, a potential buying opportunity can be identified at the current level of 640. Placing a stop-loss at 627 and setting a target of 674 offers a favourable risk-to-reward ratio of approximately 1:2.5. Remember to conduct your thorough analysis and consider other relevant factors before making any trading decisions. 🙌 If you found this analysis helpful, please like and comment with your observations. Your feedback is highly appreciated as it keeps me motivated to provide consistent educational content. 🚀📈 Don't forget to follow me on TradingView for more insightful articles and trade setups! 👉 in.tradingview.com Disclaimer: The following analysis is for educational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst.Longby AfnanTAjuddin8
breakout with in cuplow cheat breakout in uptrend cup formation. RS has turned positive.Longby QuackStocks2
Prince ready $$$The stock beautifully consolidating and we can also see some beautiful rejections. If this level was breaks, we can expect good up move. Only for educational purpose. Longby Naveenpothiraj1