Bigger the base, Bigger the target. H&S negated. Disclosure: Invested. Position increased
Shriram Piston price action:- It forms CUP & Handle pattern. It has neck line of near 1500 as per chart. It was given retest move and reversal from of this pattern. It may test 2800 soon hold with patience. As per fundamental, it is undervalued stocks.
As per Elliott Wave this stock is running into 5th wave. 2700 is the target if we see 1=5. Overall cup and handle would also make sense! but after it surpasses 2700.
A fundamentally strong company with cheap valuations .. This company had given a superb bounce in current market sitation.. Risk Reward is too favourable..
Educational purpose Swing trade Short term Good rr
Hello Everyone, i hope you all will be doing good in your Life and Trading as well. Today i have brought an investment idea for long term on Auto component making company, which is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets. The company's...
This stock break all time high Best cup strategy Only for education purpose....
AB=CD Pattern Recognition and Trading, AB wave with retracement c wave to 0.618%, D wave may extend upto 1.618% of fibonacci levels
price has retraced to 200 day EMA volume and price surge crossing the 18 and 50 day EMA SL and target marked
ShramPistons reaches target 1 of 15% gain in 15 days based on range and back testing. will it be able to reach to all time high again and cross it? looks promising and results are also supportive
#SHRIPISTON trading above Resistance of 1210.50 Next Resistance is at 2282 Support is at 842 Here are previous charts: 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...
Description: 📈 SHRIPISTON: A Careful Approach to Potential Gains! 🚀 Discover an opportunity with SHRIPISTON, a stock that requires a cautious strategy due to its unique characteristics. Here's why this trade deserves your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 1100, positioning yourself for potential gains as...
#SHRIPISTON trading above Resistance of 1988 Next Resistance is at 2421 Support is at 1420 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
The stock has broken the triangle pattern. Buy at 977, accumulate till 845. Target of 2125. Use a 1:3 risk reward ratio.
Shriram pistons. CMP:1207 sl: 990(wcb) Target: 1650/1950/2250
SHRIPISTON:- Cup and handle pattern formed, keep on radar.. 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...
#shripiston conventional vehicle (not EV) related company with decent financials. SL 643 WCLBS Targets in orange Safe traders to enter post break out or can begin to accumulate. Multibagger potential
1. a probable rounding bottom on long term 2. in uptrend higher highs and higher lows in staircase pattern from corona bottom in march 2020 (ATL not broken) 3. level of 800 is held post breakout 4. probability of carrying the same pattern with resistances marked on charts that could act as top of stair 5. rising trendline key levels resistance...