Puva Weekly flag breakout. All details in chart
Descending triangle Positive breakout chart pattern formed. with 144 as stop loss we can initiate a long position with the 164 as target price
Retracement with strength from 38.2 Fibo Levels CCI(D)<0 CCI(W/M)>100 Target 182 SL 143.15
BO cancellation New BO in sight Needs another Red Strength candle to move down to next support level. Retracement awaited
Followed the Idea of NeeteshJain Link:https://in.tradingview.com/chart/PURVA/DxK2Pcee-Puravankara-Undervalued-Stock-changing-Trend/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_follower_idea_update
It has been observed that the price action dipped below the book value of the company, which is providing a good opportunity to buy as an undervalued company at discount of 20% from its book value. The price action dipped due to the recent down turn in the realestate market due to Government policy changes in recent year like Demonetization, GST and other. But the...
multiple breakouts on daily and weekly.. potential targets of 80/100 has the potential to double from these levels too.. imo..
Rangebound for last 9 months. With good volume increase and RSI crossing 50, could be a good buy for quick upper range target of 55.