PSPPROJECT trade ideas
PSP Projects ready for triangle breakoutPosted this idea for study purpose. Breakup or breakdown, both possibilities.
PSPProject Buy 402-405 with SL 378-385PSProject Buy 402-405 with SL 378-385 and Tgt1 435-440 , Tgt2 468+
PSP Projects Ltd. B above 404 SL 350 TGT 200EMA/400EMA upto 470PSP Projects Ltd.
The price closes above the resistance level (382) with good volumes and took resistance from 100EMA.
RSI is above 60-level and is BULLISH.
TT2 Daily is BULLISH.
If the price trades above the previous day high 404, the next resistance is 200EMA and then 400EMA on a daily chart. You can expect a move up to 470. Nearby support is 350.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
PSP ProjectsFundamentally, one of the finest real estate stocks in India.
Formed a very good base around 380 levels.
Target :-500/570
Holding period - 6 months
A slow moving stock though.
PSP ProjectsFundamentally, one of the finest real estate stocks in India.
Formed a very good base around 380 levels.
Target :-500/570
Holding period - 6 months
A slow moving stock though.
Possible upwards movement
NSE:PSPPROJECT
Previous Close as on Friday, February 23th, 2018, 3:40 PM: ₹487.90
Buy at: ₹486
Stop-Loss at: ₹472
Target Price: ₹507
Duration: 1 month
Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the stock market.
PSP ProjectsCan be Accumulated in range 525-495
For Targets
550
580
610
640
SL below 460 CBSL
For educational Purpose only, Not responsible for any loss
