WABAG: MULTI-YEAR BREAKOUTVA TECH WABAG LTD(M): CMP LOOKS FOOD FOR MORE UPSIDE. 1) MULTI-YEAR TRENDLINE RESISTANCE BREAKOUT. 2) RSI AND ADX ARE VERY BULLISH. 3) STRONG FUNDAMENTALS
WABAG trade ideas
wabag can look for tp of 328-330 on weekly tfwabag can look for tp of 328-330 on weekly tf positional basis
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Disclaimer: Only for educational and learning purpose
Bullish Flag PatternWait for the breakout of Flag pattern. Ready for rally after successful breakout
Sharing my view
#educationalpurpose #learn&apply #upworth
WABAG - SHORT TO MEDIUM TERM INVESTMENT TRADEcan start accumulating between 270-265
expected target to be 300-350
VA tech Wabag - finally India is lapping up its Business Modelgood Head and Shoulders structure is in the formation
structure looks bullish and all set for a target of 500 in the coming months
holding period 2-12 months
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VA TECH WABAG ON 2/06, NEXT TARGET 288VA TECH WABAG . TREND REVERSAL, WILL HAPPEN TO TARGET ON 310 R2, 288 R1
Wabag LONGWabag is water management company globally ranked 4th .
It was in downtrend , a perfect inverted head and shoulder pattern formed beautifully and breakout from consolidation.
Long with a target of 363+ initially with a stop loss of 250 CB.
Disclaimer - Only for educational purpose not a recommendation.
(I am invested)
Inverse H&S Pattern Spotted in WABAG #Positional1) Inverse Head & Shoulder Pattern Spotted in WABAG.
Pros - CHART Pattern Structure Look Very NIce.
Price Came back to the Breakout Zone and Restested it from that Level.
Volume was good at the time of Breakout.
Cons - Below 200 DMA
That' why our Stoploss is very strict .
Once it close above 320 Level you can see some nice Momentum.
Our Entry - 247
Stoploss - 215
Target - 391
2nd Target 449
WABAG- BULLISH VIEW ABOVE 256Details mentioned in chart.
This is not a suggestion to buy. Its for my educational purpose
WABAG, good setup to go long on many good notes.WABAG is majorly involved in engineering equipments and NEXT GEN PROBLEM of waste water treatment solutions.
Charts showing good entry point for long term invetment on many note-
1. Inverted head & shoulder pattern on daily chart.
2. Good retest of long term support.
3. volumes are turning up.
#Just an analysis, do not consider a call. Match with your analysis.
Buy VA Tech WABAG for short term gainMy idea is for educational purpose..
Buy VA Tech WABAG @260 for more than 10% gain in short term from here.
WABAG- Rekha Jhunjhunwala Portfolio Stock. Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In the limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 8.04%
VA Tech Wabag Ltd . engages in the design, supply, installation, and operational management of drinking water and wastewater treatment plants. It offers design, engineering, procurement, construction, erection, commissioning, operation, and maintenance solutions for drinking water, industrial wastewater, municipal wastewater, industrial and process water, seawater and brackish water desalination, and industrial and municipal wastewater treatment.
*FII/FPI have increased holdings from 13.16% to 14.52% in Dec 2020.
*Companies in Water Resource/Management
*Strong cash-generating ability from core business - Improving Cash Flow from operation for last 2 years
*Annual net profit declining for last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/1507/WABAG/va-tech-wabag-ltd/
Sources credit:
Trendlyne
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation Band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
WABAG - Bullish - Mann ki baat water conservation #NimblrTAWABAG - Bullish - today's Mann ki baat water conservation may add further fuel. #NimbleTA
Breakout with volume on wabag on back of good resultsLongtime resistance seems to have broken by Wabag. Check for tomorrow open as confirmation.
VA TECH WABAG: Inverted H & S + 2.5yr TL Breakout! 🚀The scrip clearly exhibits the above 2 patterns as said in the titles. Kindly refer two daily TF for heavy volumes and good bullish candle behind this movement. Inv H&S are some of the most promising patterns inn PA charts.
perfect head and shoulder pattern on weakly basisGo long on this !!!! huge target on the upside
volume increasing, rsi bullish
