PUNJABCHEM - Weekly AnalysisIn the Weekly Chart of PUNJABCHEM ,
we can see that; it is decision making point.
It has multiple rejections at both the Trendline.
Possible momentums is shown in chart.
PUNJABCHEM trade ideas
PUNJAB CHEMICALS AND CROP - Rounding bottom with fresh volumesRounding bottom with fresh volumes.
Targets(T1, T2 & T3) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains.
Also keep tracking quarterly results to monitor performance.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
TRENDLINE Breakout in PUNJABCHEM
BUY TODAY SELL TOMORROW for 5%
Head & Shoulder In PunjabchemHead & Shoulder In Punjabchem
Buy Confirmation Above Day Close 1233
Buy 50% After Confirmation
Buy 50% If Price Drops To 1160-1175
SL - 1040 ( Day Closing Basis )
Target - 1750
PERFECT BUY IN PUNJABCHEM&CROPPUNJAB CHEMICAL & CROP 1230, has taken good support on 200WEMA. Stock has taken support at multi yr levels of 750 and now backed up by volume burst. Already golden crossover on daily charts are there.
Buy for medium term view above 1260 levels for 1400 to 1650. stop below 1050 on two day closing basis.
PUNJABCHEM | Breakout Trading | Market Structure Break PUNJABCHEM | Breakout Trading | Market Structure Break
Chart Analysis:
1) Market Structure Break
2) New Higher Low and Higher High formation
3) Breakout - consolidation - breakout
This is an analysis only and trade at your own risk
Punjab chem Monthly rsi above 55
RS Positive
debt free company.
indian agri growth theme base stock.
this is the fusion of technical plus fundamental.
Be Simple Buy Simple.
if you like my idea pls follow share and boost it.
PUNJABCHEM - Multifactor Breakout 1. PUNJABCHEM has given long term Trend Line breakout.
2. It has been consolidating around 1020-1050 for last 6-7 days.
3. 1050 is long term support/resistance as well.
Intraday
Entry around 1053-1055
SL - 1024-26
Target - 1080, 1098
Swing
Entry above 1060 (hourly close)
SL - 940 (day closing)
Target - 1150, 1200, 1300
Kindly follow risk management. I will prefer it for Intraday as capital is blocked in other trades
Thanks
Piyush Gupta
Learn & Earn
Punjab Chemical Investment OpportunityLong term trend shows that Punjab Chem has given buying opportunity.
In Period of >1 year it might give more than 30% returns if history gives any indication.
As soon as MACD crossover happens in monthly timeframe, we will see a rally for atleast 1 month. There you can book partial profit.
Must note that past performance doesn't guarantee future result.
Disclaimer : I bought at 925 for short term target:1400 and long term target: 1900
Fibonacci levels give target of 2400
NSE:PUNJABCHEMNSE:PUNJABCHEM
Buy above 1150.5
SL below 1039
Targets 1261/1372/1441 +
++Educational purpose only++
Momentum GameTake Weekly Swing Trade and Grow your Protfolio.
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%
SL can be Maintained below Breakout Candle
Rule 1 : Never Do Averaging if the Stock moves down ; One can Add more Qty if Stock moves Up
Rule 2 : On result day trail your SL at 15Min Time Frame
punjabc best time to take long so clearly shows in this chart after long downtrent its shows little bit breakout so you can take small risk to take long
PUNJABCHEM - A GOOD REVERSAL CANDIDATE Punjab Chem & Crop CMP 870
Retested it's previous base of 725-750 and took a good reversal supported with volumes.
This may initially approach for 1250-1450 levels from here and same shall be reviewed again around those zones.
Breakout in PUNJABCHEM to go longReason to Enter in this Trade:
1. Took support at long term Up trendline.
2. Breakout from Ascending Triangle.
3. Good Volume today during breakout.
Entry : 1480
Stoploss: 1330
First Target: 1620
Second Target: 1760
About Myself:
Currently working as Project Manager in private company and trading for more than 2 years.
Love to trade in Breakout and Breakdown trading and regularly updating my knowledge about Trading.
DAILY SWING CALL //Thursday 8th of April 2021 / PUNJABCHEMDAILY SWING CALL //Thursday 8th of April 2021 /
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 920.35
TARGET: 1058 (15% Around)
STOP LOSS: 828 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Punjab Chemnicals moving in Narrow rangeStock is consolidating in a narrow range.
All chemical stocks have moved, move is pending here.
Formed a morning star pattern on lower end of the range.
Volumes have picked up.
Higher High Higher Low formation visible on larger charts
Head and Shoulder in PUNJABCHEM Good pattern formation in Head and shoulder wait for a pullback or we can say correction to the price 608-610 and then sell at that price.
