BUY ABOVE 95 TARGET 101 SL 90 BIG BREAKOUT ON ABIG CHART
The stock looks good above 86.5 for a target of 92
Medium Term Trade: Spencer's Retail is on the verge of breaking out of an inverted head and shoulders pattern. Buy: Spencer's Retail CMP: 84.85 Target: 100-105 Stop Loss: 79 Holding Period: 2-3 Months Please like and Follow if you find it useful.
Successful lower side wedge breakout & Re-test on weekly chart. With unlock theme starts rolling out in Mumbai & Delhi, We can expect a quick move from, 80--> 110 (Target 1 of 37.5%) , And ultimately, 160 levels in 2-3 years. Also, such strong moves in weak market reflects on the stock's strength. Hoping to ride this too! :) #Motto - to become wealthy...
SPENCERS on a weekly chart looking good. It has formed a falling wedge and broken out of wedge. Wait for a retest at the descending trend line. Targets 110, 160 plus. Please note I’m not a registered analyst. Please analyse your self before investing.
Spencers breakout with good volume and retest done indicating bull move.
I have been posting about this since a long time. Hope some if you're enjoying this wild move. (Long with R.K. Jhunjhunwala Sir! :D) Target 1 is 110. almost 35% form here, yet it may give a decent return (100%) form here in long run. Enjoy the ride! :) Disclosure: Invested. ~Happy Investing
Though it is early bet, People may enter after 82. But I'm holding this based on the volume analysis of Big money. (For such volume analysis one may check DCAL volumes of past 1 year. & sudden race from 108 to 190. We may see something similar here too! ) ~Disclosure : Invested.
Spencer has taken a nice support from the support level. Expecting a good 50% upside from here. Keep this on in your watch list. Disclosure: Invested. Note: This is just for educational purpose use your won judgement to invest!
#SPENCERS WEEKLY CHART VIEW!! SpencerS Retail Ltd. is consolidating in a strong consolidation zone in the weekly chart and confirmed breakout to take place above swing high of 112 level. Next probable support in the short term comes at 70-75 zone as of now on a closing basis. Technical parameters looks neutral as of now. Keep a watch.
Buying Spencers based on some fundamental analysis. But also keeping a hard stop loss in Spencers as shown here
#SPENCERS WEEKLY CHART VIEW!! SpencerS Retail Ltd. is consolidating in a strong consolidation zone in the weekly chart and confirmed breakout will take place above swing high of 112 level. Next probable support in the short term comes at 75-80 zone as of now on a closing basis. Technical parameters looks neutral. Keep a watch.