TrendlineInvestor

TrendlineInvestor

#RELIGARE Low risk setup -> Price has retested trendline support -> Sideways consolidation for the last 10 weeks -> Good volumes in the last 2 weeks -> Lower wicks observed in weekly candles indicating demand -> CCI crossing 100 on daily after 4 months Stop - 210 or 6.25%

TrendlineInvestor

Positional trading pick! #HINDOILEXP might head towards 300 levels Fundamentals: - Mcap: 2471 cr; P/E: 9.31 - ROCE: 20.4%; ROE: 24.1% - 3 yr Sales/PAT CAGR: 40%, 24% Technicals: - Trend changed to uptrend in Apr'23 - Price retested the breakout zone in Aug'23 - No follow-through selling after Aug'23 sell-off - Price consolidated towards channel support for the...

TrendlineInvestor

#APTECHT might give 40-50% returns in the next few months. - Price has been correcting for the last 6 months - Tight consolidation towards trendline support for the last 6 weeks - Bullish candle today with strong volumes Stoploss - 270 or 7.2%

TrendlineInvestor

- Price retested the primary trendline on the linear charts - Bullish weekly candle with volumes Stop - 107 or 6%

TrendlineInvestor

A setup with low risk!👇 Price retesting confluence of supports! #LIBERTSHOE ✅ Price retesting trendline usually signals the end of a sideways consolidation ✅ Price retesting previous breakout zone & consolidating for the last 9 weeks ✅ Highest volumes in the last 9 weeks Stop - 275 or 6.8%