Key Levels:
Support:227
Resistance: 280
Writeup:
A long-term consolidation breakout in the context of trading and investing typically signifies a significant shift in market sentiment and potential trading opportunities. Here's why it's significant:
1. **Market Direction Change**: Long-term consolidation patterns often indicate that an asset has been trading...
Detailed View about this Breakout:
No.of Resistance: 7
No.of Support: 7
Consolidation Days: 1200+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
- The stock is forming HL towards the ATH
- Today it has given Cup & handle pattern BO (Strong BO )
- Volume Dried up during handle formation significantly
- Trading Above all Major EMAs
- Bullish RSI
TIP :- Best entry would be around 262, from there RR will be favorable. Right now it is too much extended + ATH resistance is nearby.
Stock Name - Superhouse Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 254
#This is not Buy and Sell recommendation to any one. This is for education...
Stock Name - Superhouse Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 375
#This is not Buy and Sell recommendation to any one. This is for education...
SuperHouse Huge Upside Possible in Upcoming Weeks (W) NSE:SUPERHOUSE
It Formed Good HH HL Formation with Good Volume on Each Rise as well as Rounding Bottom. It have 20% Upside Possible on Breakout (230)
Disclaimer : This stock idea is only for educational & research purposes and is in no way a professional stock recommendation.
Please do your own research...
Last week the stock has witnessed its highest ever reading volume with its help it had broken 227.5 level which was made back in 2017 a new 5 years high was created but still closing was not much above the level the stock can be considered for short to medium term trade with proper risk to reward
Company own brands like Allen Copper.
low debt, price below 1.5 times book value, intrinsic value 400+,PE 7
warning: earnings not growing steadily, major resistance ahead in 240-260 levels
for education purposes only
DISCLOSURE
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 publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not...
DISCLOSURE
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 publishing this Idea
I and my clients might or might not have a position, I and my clients might or might...
DISCLOSURE
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 publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not...
