Stovekraft - Short term viewStock trading near supports - can see 660-670 levels on the upside in the short term
STOVEKRAFT trade ideas
mrarkup 7 Months accumulation seems tobe completed .
high vol emergence to holding strong when market braking down for last 2days. says will explode when market normalize.
STOVEKRAFTSTOVEKRAFT
Came across this stock for first time.
No clue on Fundamentals or News.
Stock has given a breakout.
Risky Long
Buy only above 710
SL 625
SL is bit far, trade in small quantities.
StoveKraft - Breakout re-testStovekraft - Is retesting the previous resistance levels. Looks good for 800 plus levels
YR 2022 Idea #146: Long on STOVECRAFT This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
STOVEKRAFT: Bullish OpportunityStock has come up with its first leg as an impulse. After that stock has gone into a considerable corrective price action. The current structure suggests that stock is ready to move up for another impulsive leg.
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
StoveKraft - Long IdeaThis stock has given a breakout. Good positional buy. Targets are marked in the snapshot
STOVEKRAFT: BullishStock is rising in an impulsive manner and from the highs of 588 stock has completed an expanded flat correction. After an expanded flat correction the post market reaction is sharp on the upside. Hence, one should look for buying opportunity in the stock for the upside target of 625/650.
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (579) SL: 550 CLBS TGT: 625/650
STOVEKRAFT: BULL FLAG PATTERNStove Kraft nicely shaped up as BULL FLAG.
Volume dries up in sideways moment and nice volume pop-up seen today.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
Stove Kraft Exhibit 2Fundamental: Company background
Company is engaged in the manufacture and retail of a wide and diverse suite of kitchen solutions under the Pigeon and Gilma brands, and propose to commence manufacturing of kitchen solutions under the BLACK + DECKER brand, covering the entire range of value, semi-premium and premium kitchen solutions, respectively. Their kitchen solutions comprise of cookware and cooking appliances across their brands, and their home solutions comprise various household utilities, including consumer lighting, which not only enables them to be a one stop shop for kitchen and home solutions, but also offer products at different pricing points to meet diverse customer requirements and aspirations. During the six month periods ended September 30, 2020 and September 30, 2019 and for Fiscals 2020, 2019 and 2018 their Pigeon branded products contributed 76.90%, 80.86%, 86.20%, 81.24% and 86.89% to their overall sales, respectively and were amongst the leading brands in the market for certain products such as free standing hobs, cooktops, non-stick cookware, LPG, gas stoves and induction cooktops.
Discliamer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
STOVE KRAFT Elliott wave long term viewSTOVE KARFT : Buying dips after double three Elliott wave correction, Long-term investment pick
In this technical blog we’re going to take a quick look at the Elliott Wave charts of STOVE KRAFT published in members area of the website. As our members knew, we’ve been favoring the long side in STOVE KRAFT due to the fact that many Home appliances stocks been favoring more upside.
STOVE KRAFT (STOVEKRAFT NSE) has been trading in a huge up-trend since its inception in the market. The Symbol ended a Primary degree back in 2021 and corrected for 1.5 years until it found buyers again in recent time.The intermediate trend is sitll bearish and one should wait at least for 491 level to come.
The Elliott Waves Theory basic rule is that the market trends in five waves and correct in three waves as following chart shown in STOVE KRAFT
Long term Elliott Wave view in Stove Kraft suggests the rally to 1133.7 ended wave ((1)). Wave ((2)) lower is currently in progress. The decline from ((1)) peak is unfolding as an ABC ZIGZAG Elliott wave structure Down from wave ((1)).
One can accumulate the stock around 480-490 level for a long term target of 1000, 1200 level.
Discliamer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. ... Investment in markets is subject to market risk.
STOVEKRAFTSTOVEKRAFT : CMP 621
Pattern : Horizontal Channel
Swing Trade Suggestion
Buy Range 615-625
Target 700++
Stop Loss 585
Fundamental Wise Company looks Good
Price Near at Good Demand Zone
Good Risk Reward Ratio
Stove kraft_ box breakoutPrice is broke out from box with volume. Good ROI. Not a recommendation. Only for the Knowledge
STOVEKRAFT GOOD RISK REWARDLevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
swing trade with good ROIprice is squeezing between two trendline.
Today is the breakout day but at end of day some sell off happened so if tomorrow or next any day there is a pop out candle of 2-3 % then we should take entry with stop loss around 3% or below today candle & target will be around 10-12%
A very good RR ratio trade 1;3
please intact with stop loss
Learning -
how to do risk management with quantity?
quantity = risk per trade/stop loss(in rupees)
example-
let suppose you have 100000 capital.
if you want to risk 2000 rupees without any hole in your pocket then,
stop loss 10 rupees so
quantity =2000/10= 200 q
thanks
StoveKraft [Daily]Very close to a BO.
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
Right time to accumulate for long termA multi-bagger can be accumulated with SL 870 for the long term.
If Stovekraft breakout trendline then we consider for upside.Beacuse Stovekraft fundamental is very good . Current is timewise correction is continuing in stock. when stock is ready then opportunite is no more. If stock breakdown Demand zone then we are cut our Position.
Stove Kraft in radarCHART -> Stove Kraft DAILY SETUP
One can keep Stove Kraft in radar, for trendline breakout and RSI breakout.
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Low risk set up ✌✌✌This scrip is expected to give breakout in the coming days as it lies on Demand zone and you can keep low trendline as stoploss. Thanks to all 🙏🙏🙏
Expecting Breakout ✌✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to All 🙏🙏🙏
STOVEKRAFT - Triangle Pattern Breakout - Swing TradeThe analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade logic is based on simple 200EMA strategy (explained in image itself).
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
Stovekraft Fibonacci Retracement at 0.6181.Fibonacci Retracement at 0.618
2.0.618 is a strong support level
3.By Fib Extension has three target levels shown in above fig.
