1) The stock is strong, trend is up in weekly, daily, monthly.
2) Buying pressure evident from the last 2 months as interpreted from the monthly candles.
3) The stock is consolidating for the last 3 months and is now ready to move up for a move of 15-20%.
4) One can consider an entry based on 15 min candle close above the last swing high.
NSE:EQUITAS
VERY GOOD RISK REWARD !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Once this script gets a definitive closing above 110, supported with volume, i presume this will head for 145+ levels. Now trading above 200 day moving average. That too with volume. The weekly chart is also very clean suggesting great upmove.
EQUITAS - Market Structure Long
Hello Everyone This is EQUITAS Market Structure IDea Choch Bull Breakout Done, now all price point is clearly mentioned with BOS Bull and TP1 TP2
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Technical Analysis
Equitas Holdings is consolidating in range(115-136) after giving a major breakout from downward channel in weekly chart. One can add small quantities at 115-120 levels. If the price of equitas holdings go below 115 it can go down till its first support at 100 level and one can also average at this level. This analysis is for long term...
share name equitas holdings
why i buy this share ?
- after a launch of ipo share make a high 205
- making l-h, l-h (form a downfall range)
- we can see in charts a brkout of trendline,
after a breakout shares is consoldating
and forming a pennant
- we can also see a breakout of pennant in cmng days
- target : 205 sl 100 best place to buy : 110-130
Thanks
After taking the support near 74 levels stock has bounced and trading near 94 levels. We can
assume the stock has completed its 4th wave correction and is continuing in the impulse wave 5. One should invest in the stock keeping the stop loss of 79 and look for the target of 120-125 zone.
Weekly MACD
Disclaimer
I am not sebi registered analyst
My studies are...
EQUITAS - currently above 50/100/200 EMA's and just holding on support line.
Add to watch list -- -closing above 83.5 -- we can see 100+ in short period of time ..
Trade as per market trend ... please do your own study.
EQUITAS - crossing trend line - sustaining above 80.
If continue the momentum - next target will be 100 and then 120 levels in very short period of time.
Trade carefully -- considering market momentum after budget.
Equitas is on uptrend and add to watchlist.
If cross 82 and sustains -- we can see 100+ target in couple of sessions.
Add to watchlist and trade as per trend.
Short Term Cash Buy EQUITAS @59.50-60 SL 58.20 TGT 63.50
1. TK cross over at 56.5
2. MACD cross over
3. It is about to break first resistance R1@59.80 with the current momentum expect to break second resistance R2@61.50
Reasons:
1. Triangle break out, sustain above it
2. Increase in Open interest with Future Price
3. High Volume
4. Fast EMA crosses Medium EMA
* 60% of the shares are owned by MF and FII's, apply trailing stop loss (upside only)
Entry : 62
Exit : 78
Stop Loss: 56
