Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Prism Johnson Limited was incorporated in 1992 and is amongst the largest integrated building materials companies in India, with a wide range of products, namely cement, ready-mixed concrete, tiles, sanitaryware and bath fittings. [
Market Cap ₹ 8,976 Cr.
Current Price ₹ 178
High / Low ₹ 199 / 104
Stock P/E 1,171
Book Value ₹ 28.0
...
Reason for long
a) Consolidation breakout
b) Weekly breakout
c) Monthly breakout
d) QQE support not supporting and hence sl compulsory
e) Channel breakout possible
h) Super vwap breakout
g) SL compulsory
PRSMJOHNSN:- The stock is going to give a breakout after 5 years. It has also given a breakout. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my...
PRSMJOHNSN - Nov 2023 Multiyear BO Confirmed. CUp and Handle at Monthly TF.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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This is the analysis of a stock called Prism Johnson.
Here are the details-
CMP- 176.15
Targets- 200
Stoploss- 160
Duration- 3-4 weeks.
Let me know what you think.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
PRSMJOHNSN Prediction for Swing/ Posional Trading
Entry 1 was at 150. This level almost retested. You can enter into trade above 167 or you can entry according to your experience.
Sls- according to you RRR.
Targets- 175,186,195,205,214,224,232,242,…(more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk...
Prism Johnson Limited is amongst the largest integrated building materials companies in India, with a wide range of products, namely cement, ready-mixed concrete, tiles, sanitaryware, and bath fittings.
It has just completed a perfect cup and handle pattern . It has given BO of 160 level which is a major resistance of this stock since 2018. Stock approached this...
The stock recently experienced a notable breakout from an ascending right-angle triangle pattern on the weekly chart, and this breakout was supported by substantial volumes. Remarkably, this breakout occurred after a duration of nearly four and a half years. Such a prolonged timeframe adds significance to the breakout, suggesting a potential substantial shift in...
