#SKIPPER trading above Resistance of 292
Next Resistance is at 451
Support is at 215
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...
Skipper Ltd - Long
Buy zone: 234 - 284
Target 1: 324
Target 2: 363
Target 3: 401
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**Disclaimer:
I am NOT a SEBI registered consultant/Advisor...
Skipper is moving aggressively upside and above 300 closing after a retest we can expect another 20-30%
NOTE: I'm not a SEBI REG. Study before investing.
📊 DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 3,330 cr
Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings. It also undertakes EPC projects in the infrastructure segment.
TTM PE : 48.16 (Average PE)
Sector PE : 56.29
Beta : 1.25
📚 INSIGHTS
Strong Performer
Stock...
NSE:SKIPPER is expected to break past its resistance and may rally up to 20% in the near future.
Technical Reason - NSE:SKIPPER had been on a downtrend in the first half of December before resuming its upward movement from 22nd December. NSE:SKIPPER has been on an uptrend ever since breaking out from its downtrend channel. NSE:SKIPPER has always...
-upper trend breakout with high volume
-rsi also gave breakout and looking strong
-rise in adx and macd crossover
-i am expecting high momentum in short term
-can give decent return keep in radar
SKIPPER - Skipper Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed @322 on 16-Feb-24
We can see stock is under NICE formation of cup & handle and trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only resistance breaks and sustain above resistance & keep monitor for future investment.
Drawn...
#SKIPPER trading above Resistance of 233
Next Resistance is at 292
Support is at 153
Here are previous charts:
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...
NSE:SKIPPER
✅ #SKIPPER trading above Resistance of 274
✅ Next Resistance is at 360
Related charts:
Charts are 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...
1.Life Time High Breakout above 285.If sustain above 285 give quick rally
2.RSI above 60 & Relative strength positive
3.One may keep in watchlist
Company Business --Skipper Ltd is engaged in manufacturing and selling of Transmission & Distribution Structures and Pipes & Fittings. It also undertakes EPC projects in the infrastructure segment.Skipper is the...
After the low cheat trigger (80-85) it gave a weekly gap away move and went for the cheat levels. (120-125)
And now it seems to have successfully and heading for a pivot high levels (276-292) which is a supply zone.
An 18 week base of 32% range which has also given multiple shakeouts probably removing all the weak heads out it has closed the week on strong...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
