Stock Name - Weizmann 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 138
#This is not Buy and Sell recommendation to any one. This is for education...
Weizmann Ltd. , a textile company showing multiyear price breakout on charts after 14 years followed by a one year long consolidation in a range. Price breaking consolidation may give rise to strong upside momentum in the price of the stock.
Entry - Above 131 closing with good volumes
Rally case levels to watch out
163, 204, 250, 365
Stoploss 76
WEIZMANIND breaking out of a counter trendline with volume. Good momentum to be expected in short term.
CMP - 116.50
Target - 137
SL - 102
Study the stock & Trade responsibly.
Stock Name - Weizmann 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 111
#This is not Buy and Sell recommendation to any one. This is for education...
#WEIZMANIND
CMP - 93.60
Only Above above
Next Levels can be expected 150 & 320
View will be negated below 40.90
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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Seems like someone is buying WEIZMANIND in equal intervals - the stock gives about 22% Dividend - so holding it makes sense!
An investor can put 5% of his total portfolio in this one and hold for 2021.
Divide this 5% in 10 equal parts and buy when the stock comes in the BUY_ZONE.
Sell it when it almost reaches ATH - do not wait for the peak - you might not be...
