Hey Guys,
Here is the analysis of PSP Projects. An undervalued firm, it's a small-mid cap stock however, as per the analysis conducted by my team and I, we've picked this stock.
We've got a view from Short term to Long term for this one.
Here are the details-CMP- 632.45
Targets:
Short Term (upto 2 months)- 701
Medium Term (6 Months to 1 year)- 742
Long Term (more...
📊 NSE:PSPPROJECT - Technical Analysis - February 4, 2024, 14:18 IST 🚧
Company Overview: 🏗
PSP Projects Limited is a prominent player in the construction sector, providing comprehensive services from planning and design to post-construction activities across industrial, institutional, government, and residential projects. The company caters to both private...
as one can see its prices brakeout from few years range pattern around 575-580 and near ath , after retesting again trying to go up . one may ride upmove continue with strict appropriate stoploss ( if trend reverse and protect of capital) while consulting certified registered expert on fundamental and technical ( which i am not) . i am not responsible for any...
BUY - PSP PROJECTS LTD
CMP - Rs. 716
Target - 1: Rs. 892
Target - 2: Rs. 1036
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Timeframe - 6-8 months
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Technicals - Ascending Channel, the stock is at a strong support
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This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
FROM, oct to dec stock trading btn 448 to 552 rs but in jan stock broke that level and trying to be above the level of 580 rs.
LONG TERM CHART SHOWS STRNGTH
NSE:PSPPROJECT
PSP Project has achieved its first target. Here is previous chart:
Probable Target2 is mentioned in the chart.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and...
PSPPROJECT:- Cup and handle pattern has formed on hourly chart wait for breakout till then keep your eyes on it.
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 other ideas to...
Company has emerged as Lowest Bidder (L1) for a Government project worth INR 1,364.47 Crores (excluding GST) of
“Construction of State of the art High Rise Office Building” at Surat, Gujarat for Surat Municipal Corporation.
NSE:PSPPROJECT
This counter has given a pullback after a good volume backed breakout from a consolidation. It reversed from monthly R1 pivot and is now re-testing the breakout level.
Any long trade here would be ideal after a green candle close at this level.
Targets can amount to R1 again (the previous high), which gives a R:R of 1:1, or a further target of...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
NSE:PSPPROJECT Looking strong as
1. Stock has given a breakout above it's all time High in the weekly time frame
2. Stock making higher high higher low formation in weekly time frame
3. Bullish Crossover: EMA 20 higher than EMA 50
4. Stock consolidating in the Rectangle pattern and daily closing above the box range for last 6 months
if you liked it please...
PSP projects has given an upside breakout and is looking good for 250-300 points rally which will see the stock heading towards 4 digit in the near future. Can be bought for short term with target being 950-1000.
