the stock can give smooth returns in perspective of swing trade as the financials of the company are in ailing condition the potential upside can be till 344
QUICKHEAL – CMP 581 | Date 12Mar | Microcap-IT sector
looking good for short-term concentrate if the price is sustained above 586 with the targets of 600 and 620
📈 Stock Name - Quick Heal Technologies Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 580.
🚨Disclaimer: This is not a Buy or Sell...
The stock had a long consolidation of around 5 years in the formation which increases the reliability of the stock moreover it has completed a cup and handle formation is onging which could be formed by the end of week or so . target for the stock for short term will be 353 and after that 651 however the stock does not have good financials irrespective of being a...
#QUICKHEAL
It is engaged in the business of providing security software products.
Market Cap₹ 2,916 Cr.
InstHold 3.10%
OPM 14.2%
Growth YOY:-
Sales 22.6 %
Profit 208 %
Breakout into bluesky with Volume.
Quick Heal Technologies Strong Breakout..
Strong Breakout..
Good Volume...
Education Purpose Only... Please Consult Your Financial Adviser Before investing..
Please Maintain Strict Stoploss...
Book 70% at Target 1 and Rest Trail and Book at Target 2 ...
Don't Risk More than 1% or 2% of your capital in a single Trade..
Stock Name-Quick Heal Tech.
Above level 225 XABCD will be activated.
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*Enter at CMP Add more in Pullback till 225*
Target-257, 280, 300+
SL-208
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If sustains above BOS then it more to go.
Only my view.
Short to Mid term.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then...
Quickheal has given a trendline breakout today with very heavy volumes.
Stock has also managed to close above 61.8% fib retracement which clearly indicates a strong buy signal.
However, the SL for positional traders is very far below 230 DCB. A retracement is favourable for short term traders. Best buy level can be 250-255 for targets of 330+.
However, risky...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
#Quickheal
CMP : ₹ .405.95/-
Date : 11-01-2024
Technically looking good. SL below ₹.370-360
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
Volatility Contraction Pattern is popularized by Mark Minervini, who is a two times US Investing Champion. Last year he won the championship with a record-beating 300+% in the year. He primarily uses VCP for his trading setups. It is a twist on the ascending triangle pattern with some variation.
It has the following characteristics:
The Stock must be in stage 2...
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
Please note that, if there are some big targets, those are drawn thinking...
After giving an amazing J Shape recovery.
Quick heal seems to be a good choice of stock for medium term.
With a target of 330 and 350, QUICKHEAL looks like a good buy for 6 months, with a stoploss of 295.
What do you think?
BUY - QUICK HEAL TECH
CMP - Rs. 219
Target - 1: Rs. 294
Target - 2: Rs. 352
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Timeframe - 2 months - 6 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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