stock is trading at lower levels. best buy at Rs 186 to 189. once the stock breaks 235 resistance, further we can se uptrend at levels of 278 to 290 rupees.
📈 Stock Name - RSWM 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 234.
🚨 Disclaimer: This is not a Buy or Sell recommendation....
RSWM is testing its important resistance zone again and probability is high that this time it will break this zone.
A successful Daily closing above 230 will ensure more up-move and one can enter for a target of 280.
*This idea is for educational purpose only, trade at your own risk*
Consider this as my own diary and not as a buy/sell recommendation service. I don't advise.
entry above the line
stop below the line
consolidation breakout ( breaking the resistance )
RSWM breaks out forming a triangle pattern on 1D timeframe when high volume. It is apparently retesting its resistance. Enter on bullish confirmation. Follow proper risk management.
Hello Trader,
Came across a stock from the textile space that is looking good on both technical and fundamentals levels.
Technically it has formed a head and shoulder on daily with a pullback or a probable flag and pattern, it has also corrected well and seems like a good time to trade
CMP: 200
Target 1: 216 (R:R - 1:1)
Target 2: 232 (R:R - 1:2)
Stop Loss:...
RSWM has given break out and showing uptrend. The company has posted positive financial results and on 8th August for Qtr Jun-22 and should show upside move.
RSWM has announced dividend of 25 /- which is very good compared to the CMP.
Support 1- 362
Final Support - 345
Targets - T1=425, T2=450
Note: This analysis is not a financial call and just for education purpose.
RSWM
Looking very Bullish Multiyear Breakout.
Breakout after 5.5 Years.
Stock showing good strength in this market keep on radar.
Small Inverted H&S pattern on daily Time-frame.
-Gaurav.
@adani
@tradingview_
@investing
@forextidings @Vivek- @ExtremeVolume @Malkana30
The stock is testing it's ATH levels again after 4 months and volumes are also looking good.
Buy above 550 level for both Intraday and Swing. Intraday targets 555 and 560 and swing target 600.
Carry positionally only if the stock gives a closing above 550 level. It's a cash stock so kindly manage your position sizing.
Learn & Earn,
Dr. Tanya Kumar
on day chart,highly potential trendline breakout with high volume chance to move upside for new high.all details in charts.
note-only for educational purpose .
Buy above 514..Risky traders can even buy above 500.
Stock looks bullish and can break the 510-515 level this time.
We can see huge upside if stock sustains above 510 level. Trade with SL of 465 for huge upside..Check Weekly Chart for more details!!
