Sunteck Realty - Ichimoku Breakout Stock Name - Sunteck Realty Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness and
More strength will be visible above 484.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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SUNTECK trade ideas
Head and Shoulders Pattern at SUNTECKBe Cautious Head and Shoulders pattern (trend reversal) at #SUNTECK weekly chart.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Stock seems to be changing trend(Head and Shoulders pattern) . One should try to keep the profits with them. Now if you think you are buying it on discount, then you are wrong - you are buying on the other side of trend.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
4 YEAR OLD BREAKOUT....Sunteck has made its top during August 2018 and tried to give a breakout in 2019 but it failed and started to consolidate but during the first wave of covid it fell along with the market. Again following the market it started rising to its previous resistance in oct 2021 and this time also, it failed to break above but this week, it has successfully broken out the four year old resistance in a single day. This shows the strength of the upmove which is supported by good volume. This can be a investment type of trade with a target of 900 with a SL of 480 as well as swing trade with a target of 630 and SL 507.
sunteck looking goodDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
Multi Year Break OutCHART ->SUNTECK REALTY LTD WEEKLY SETUP
As seen per charts, there is few things to note:
1. In weekly time frame, it has given a Multi Year breakout.
2. 512 to 535 was a resistance zone for the stock which it did breakout this week.
3. Last few candles has been with good volume.
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.
SUNTECK - Inverted H&S pattern breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is 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 for any query or suggestion regarding this stock or Price Action Analysis.
Target 2 achieved in Sunteck Realty. Gain of 27% Target 3 is ON.This is follow-up on Sunteck Realty. Can check link to related ideas.
Target 2 achieved. More than 27%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss 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 your financial advisor before taking any trade.