Sharda Corp Looks Good For breakout. Entering earlySharda Corp Looks Good For breakout. 1 :1 RR. Entering early to manage risk.
SHARDACROP trade ideas
descending triangle pattern -near yearly high rangeparallel up trend in weekly time frame
in between forming descending triangle pattern
immediate previous high target
Buy in weekly time frame it is taking support fron lower trend line of channel pattern
And in daily time frame it broke the trndline
RSI is also crossing 60
Volumes also good
We can make long position with small SL
shardacrop triangle pattern formationexpectiong 5 to 6% upmove from current levels. shardacrop has given a breakout from triangle pattern for medium term expecting an upmove of 20 percent from cmp
SHARDACROP - Long On Weekly TFMonthly Time Frame Stock is in a UP Trend makin HH & HL .
Weekly Time Frame Stock is bouncing off Channel Patten Support Trend Line (Buying volume increased).
Daly Time Frame made a Inverse H&S pattern (Trend Reversal) and now the price is in sideways movement .
Enter @ 335
SL @ 300 (11% DOWN SIDE)
TGT @ 395 (17% UP SIDE)
RR @ 1:1.5 ( GOOD)
SHARDACROP : POSITIONAL TRADE1. Good to enter at CMP.
2. Trendline breakout happened and support taken on trendline in the retracement.
3. Target 420/500
4. Average till 300, SL : 250
Disclaimer: This is educational purpose only.
SHARDACROP #StockMarket #StockToWatchSHARDACROP >>> CURRENT THEME BASED STOCK
ALSO BULLISH H&S FORMATION WITH VOLUMES
IF BO H&S AND SUSTAIN >>LOOK FOR LONG ENTRY
ITS SHORT TERM TRADE ...
Shardacropchem ihssharda crop has formed inverted hs which indicates bottom is in place , can be bought at cmp 375 for target of 550
SHARDACROP is making cup with handleSHARDACROP is making cup with handle
Targets is mentioned in that chart
Sharda cropchem detailed analysis LONG Stock facing multiple resistance at trendline drawn in weekly chart . Weekly RSI above 60 indicates strong bullish trend strength. ADX above 23 that too indicates the strength of trend. Volume also increasing . Price sustaining above 20 day moving average on daily chart.On daily chart, stock is moving in parallel channel. Invest 1/3 or 1/2 now for better return and continue monitor daily chart to check there is no breakout in channel on negative side. At last chemical sector is also outperforming.
This is only for educational purpose.Invest only after your financial advisor advice.
Inverse Head and Shoulder Pattern - Shardacrop Inverse Head and Shoulder Pattern on Weekly Chart with good volume break out now available for Buying in pull Back
Target will be resistance line (Red line) and stop loss will be support line (Green Line)
Investment time period 0-6 Months , Market will open in red any fall should be taken as buying opportunity CMP 330
Sharda Cropchem Cmp 293.65 dated 23.4.2021Sharda Cropchem Cmp 293.65 dated 23.4.2021
1. Head & Shoulder pattern on daily chart.
2. Price taking support @ 200 MA @ 275.
3. RSI shows upward trend, which is ready for a
W pattern..
4. Buy for a tgt of 360, 410 & 540 SL 230.
5. Debt free company.
It is just a view, pls trade at your own risk.
Buy Sharda CropMy idea is for educational purpose.
Buy Shardacrop @ 295, more at decline for short term target of 315/330/360.
Sharda Propchem-Bullish viewSharda Propchem is testing its weekly breakout area. Moving beyond the trendline, it can see 440 and 540 in short span. Volumes are pretty good. Last 2-3 quarter results have been excellent and accumlation might be happening in anticipation of good q4 results.
Buy shardacrop for short term gainMy idea is for educational purpose..
Buy shardacrop @ 330 for short term gain ~ 10% from here.
DAILY SWING CALL // Monday 15th of February 2021 / SHARDACROPDAILY SWING CALL // Monday 15th of February 2021 / NSE:SHARDACROP
// 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: 305.2
TARGET: 375+ (15% Around)
STOP LOSS: 275 (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.
