SWING/POSITIONAL PICKREMSONS INDUSTRIES LTD
TECHNICAL VIEW
Stock is shift the range and consoilidate near resistance or breakout zone. Buy 140-145 for 175-185 TGT, sl near 130 at closing basis..
FUNDAMENTAL VIEW
Quarterly/Yearly EBITDA & PAT Both Are Highest In History. ROE & ROCE Is Also Good.
I Am Not SEBI Registered Research Analyst. It Is Giving Only Educational Purpose. Trade In REMSONSIND After Discussing With Your Financial Advisor.
REMSONSIND trade ideas
REMSONSINDREMSONSIND - The stock has broken out by forming a pole and flag pattern
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 get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
EXPECTED DIRECTIONAL LEVEL FOR THE YEAR 2024Hey Folks !
All the important levels are marked along with the description.
These levels are marked for expected Uptrend.
Strategy is simple.
Entry point is the value buying area .
Stoploss is the yellow line.
Targets are the upper green lines.
Club these levels with your analysis to have an edge.
Dear Folks! If you find these analysis useful then boost the Ideas.
#remsen Ind- symmetrical triangle breakoutStock to watout for- Symmetrical triangle breakout!
Understand what is Symmetrical triangle!
1. Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
2. The breakout for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Breakout in Remsons Industries Limited...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 educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.