Momentum_stalker

Momentum_stalker Updated 

Trading within a close range. Holding 972 (which is its long term breakout sinc 2015) closing above 1030 may trigger fresh run (strictly above 1030)

Momentum_stalker Updated 

Company is fundamentally strong. Almost debt free FII had increased stake Trading Below Industry PE, and ROCE greater than 20. Broke 220 (Sep 20) high and made new high of 265. Again retesting 220 levels (Currently trading at 230) Will be interesting around 225 for fresh move. SL beow 205

Momentum_stalker Updated 

Rationale : Price respecting long term trend line RSI broken above trend line. Trade Setup : Entry : Arround 490 Target 1 : 520 Target 2 : 560 SL : 470 (trail as per the targets)

Momentum_stalker Updated 

Break above IPO day high price.. 7th June : though broken but closed below. 10th June : Closing above the price with high volumes. (closing prices is just 8 points below to Day high whihc is a healthy sign) SL : - 530 (SL will trail with targets) Target 1: 575 Target 2: 630 Target 3: 700

Momentum_stalker Updated 

Fibonacci Retracement.. Prices close above 50 day Moving avg(Weekly Basis) RSI > 50 **Promotor Increasing Stake .. Target : 405 SL : 365 (Subsequent Targets as per FIB retacement with trailing SL)

Momentum_stalker

Long term trend line broken Very High weekly volumes RSI Cross Over Weekly RSI > 60 Target : 154 SL : 110

Momentum_stalker Updated 

It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Oil & Gas Pipelines, and Cables. (All govt focused Area) FII have increased Stake. Increasing EPS - 4 consecutive Qtrs (Healthy price movement - with difference in Day high and Close just 3 points) Target : 950 Stop Loss : 830

Momentum_stalker Updated 

It has broken 2015 high of 296 in Month of April 2024. Since then 296 is been acting as a strong support, which can be easily verify in last few session. Petronet is again at this level and can sho recovery. Movement above 300 is a buy for targets of 315 SL - 290

Momentum_stalker Updated 

Infrasturcture and EPC Business Leadig Highway developers FII have increased substaital stake approx 3% 195/196 - is a lonfg term break of 2018 Stock made all time high of 200 today. Closing above 200 on daily basis will start ha fresh leg SL : 180

Momentum_stalker Updated 

Swing trade setup : - Stock broken the long term high (Jan 2018) of 78.50 dated April 2024. Attend New high of 107 and again swing back to 78.50 Currently trading at 84.10 SL : 78 1st Target : 100 2nd Target : 107

Momentum_stalker Updated 

Broken resistance of 590 - in 3rd attempt with volumes If able to sustain above 620 (day close) will see 690 levels Stop loss below 590

Momentum_stalker

Panama Petro has broken the long term resistance of 355 with volumes. FII has increased stake ROCE is above 30 Company is debt free