This is the chart o SHRIRAMPPS. The stock is trading near its resistance and is ready for breakout. The stock has crossed the level of resistance and is moving for targets of 150, 165, 183, 200, 230
Stoploss - 125
Only for Educational Purpose
Do your own research
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...
SHRIRAMPPS
1) Time Frame - Monthly.
2) Break of Previous firstly marked All Time High in monthly with good volume.
3) It's a good confirmation to go for buy as per monthly time frame but In Weekly time frame, Should wait for the strong close above 129.70 in daily / weekly candle.
4) Weekly / Daily - Any Time frame's candle close above 129.70 is considered as buy...
Despite limited historical data, from an educational perspective, it's notable that the stock, after two years of trading on the stock market, exhibited a breakout. This breakout was accompanied by good volume accumulation before the actual breakout occurred.
In a general sense, such breakouts, especially when supported by volume accumulation, are considered...
SHRIRAM PROPERTIES LIMITED
03/12/2023
CMP - 113, wait for retest and enter in 110 to 113
Target - 117, 120, 132
SL - 98
I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
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...
may possible breakout in shrirampps,
breakout after weeks long resistance.
greater chance of brekout , unless any bad news in market.
adx indicator also show possibility of positive upmove.
SHRIRAM PROPERTIES LTD looks good on an upside move. It is making a rounding bottom pattern and going near the all-time high. If it crosses above the all-time high then the next target can be 130 straight in the next 3-4 months.
This chart is for education purposes only. Please do research and analysis before investing.
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.4%
CAGR over last 5 years
- Debtor days have improved from 81.8 to 42.6 days.
- Annual Revenue rose 57%, in the last year to Rs 814
Crores. Its sector's average revenue growth for the last
fiscal year was 14%.
- Annual Net Profit rose 574% in the last year to Rs 66...
