Weekly TF analysis. Buy 479.Based on stacked high low difference.
1. Historical Base Formation
2. Base formation
3. Acceleration Phase
Buy at 479. Safe entry after pullback at 620
R:R = 1:3
Long
Suprajit Engineering Limited
No trades
What traders are saying
Long
Suprajit Engineering LtdSUPRAJIT - The stock has been respecting a rising channel and recently rebounded from the lower trendline at 420. It is now breaking above a minor descending trendline. A small cup and handle pattern is visible between 460 and 495, with a breakout at 490-495, suggesting bullish momentum.
The price action is breaking above the upper boundary of the triangle, signaling bullish momentum and a potential resumption of the previous uptrend. The chart shows larger volume surges on green candles, supporting the breakout strength and indicating increased trader interest on positive price moves.
If a sustained breakout and close above approximately 495 occurs, this could signal a fresh swing entry opportunity targeting 525 and 560 in the near term, provided volume remains strong.
If the breakout fails and the price closes back inside the triangle, look for support re-tests at 440, which could present a lower-risk entry for a potential swing setup.
Suprajit setup well to breakoutVolumes in the counter has been interesting lately. This company has only 1/2 a million exposure to US as well. Numbers seem to show worst is over as well.
Interesting above 500, sl should be 4-5%
Long
Buying Opportunity: Suprajit Engineering Ltd.Cup and handle pattern formation seen in Suprajit Engineering Ltd. can be considered as a buying opportunity on breakout and target the nearest resistance.
Long
breakout from accending trendline -study before entry breakout from accending trendline -study before entry
SUPRAJIT - Ichimoku Breakout📈 Stock Name - Suprajit Engineering Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 621.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Long
Short Term Trading Opportunity in Suprajit Eng for 20% upsideHi,
NSE:SUPRAJIT has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Long
Suprajit Engg Long TermLook at a strong bullish uptrend with PE based target of 480 crossed. Looking at next level target.
Long
SUPRAJIT - watchout for weekly close above 454NSE:SUPRAJIT
cmp 452
keep a watch for weekly close above 454
weekly close above 454 will do wonders for the stock and expect good returns
had already posted this stock idea on 26th Feb when price was 421
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Long
sma 55ideal buy is after 460 and sell it at 470
or buy it after 55 sma and sell it when the candle closes below ema 20.
there is multiple resistance at 470.
Long
Long
looking very strong, Ready to break 2.5 year old resistance Suraj looking very strong, ready to break 2.5 year old resistance volume rising RSI already given breakout Trading Above, all crucial EMA and SMA if breaks the resistance And Sustain above it can give decent profit
Long
SUPRAJIT 1:10 RR trade set up1. Trend Bullish
2. Currently trading under consolidation phase
3. RR: 1:10
4. Set up: Triangle breakout
Long
BREAKOUT IN SUPARJIT 📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF Suprajit
• Potential Breakout Chart
• Symmetrical Triangle Pattern
• Long Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Long
Tradeline breakout stocks Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket and exports
Mechanical control cables - Brake cables, clutch cables, throttle cables, starting cables, gear shifter cables, choke cables, tachometer cables, window regulator cables, mirror cable assemblies, seat recliner cables, and latch release cables.
Halogen Lamps - Fog lights, side position lights, front lights, position and parking lights, dashboard and interior lights, brake light lamps, trunk lights, front indicator lights, rear parking lights, number plate lights, rear indicator lights, stop lights, low beam/high beam lights, etc.
good for long
only for education purpose
not for sugesstion
BUY TODAY SELL TOMORROW for 5%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 the rest of the time they either consolidate or fall.
Trendline Breakout in SUPRAJIT
BUY TODAY SELL TOMORROW for 5%
Amazing breakout on Weekly / Daily Timeframe - SUPRAJITCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
PS: This script is shared 1-2 days delayed. Sorry for the delayed charts.
Long
Suprajit : Breakout ViewSuprajit :
Looks good for breakout
Once 430 and 440 breaks out, huge upmove is possible
Surajit Engineering's Bullish Breakout With Strong MomentumCompany Overview:
Surajit Engineering is a prominent player in the engineering and construction industry, specializing in infrastructure projects. The company is known for its quality work and has a strong track record of delivering projects on time.
Technical Analysis:
- Symmetrical Triangle Pattern Breakout: The stock has recently broken out of a symmetrical triangle pattern, indicating a potential continuation of the uptrend.
- Bullish Engulfing Candle: The stock has formed a bullish engulfing candlestick pattern, which is a strong bullish signal indicating a potential reversal of the previous downtrend.
- RSI Breakout: The Relative Strength Index (RSI) has broken out of a previous range, showing increasing buying momentum in the stock.
- Strong Support from Lower Trendline and 100 EMA: The stock is currently supported by a strong lower trendline and the 100 Exponential Moving Average (EMA), indicating a potential bounce back from these levels.
Long
SUPRAJIT - ready for the big move NSE:SUPRAJIT
cmp 421.70
ready for the big move
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Long
Suprajit on the verge of breakoutNSE:SUPRAJIT is on the verge of a good breakout. This is the weekly chart structure. My recommendation here on the basis of price action is that you need to buy after breakout and keep a stop loss at 445 once the breakout takes place. This will help in safeguarding you as you will only buy on momentum. Consolidation has been good.
Long
SUPRAJIT | Swing Trade📊 DETAILS
Sector: Auto Ancillaries - Others
Mkt Cap: 5,668 cr
Suprajit Engineering promoted by Mr Ajith Kumar Rai, started as a single-product (cables) to TVS Motor in 1985. Over the years, Suprajit has emerged as the largest supplier (market share of ~65%) of mechanical cables to the domestic 2W and passenger vehicle (PV) market with rising revenue share from aftermarket and exports.
TTM PE : 38.59 (High PE)
Sector PE : 39.39
Beta : 0.87
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
8.71% away from 52 week high
Outperformer - Suprajit Engineering up by 9.57% v/s NIFTY 50 up by 3.13% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Long
SUPRAJITENGG DAILY CHARTBreak any side harizontel line take a trade. note* Entry after hourly candle close.
