cup and handle pattern rising channel pattern lower supportive trendline target and sl mentioned in charts
resistance breakout on chart , stock looks short term bullish
Intraday buying opportunity in EID parry Entry 450.95 Stoploss 446.45 Target 455.80/457.70
EID PARRY has been in an uptrend since march 2020, It was consolidating after a mojor breakout from the resistance of 393 level, yesterday it has given a breakout of a flag.
E.I.D PARRY has given a buying signal 1- MA80 crossed price line from bottom 2- It crossed the upper band of bollinger band .
In weekly time frame it has crossed last week high and expect for more bullish in coming weeks .
After a good spurt in price, the price is forming ascending triangle pattern, can give good returns
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
EIDPARRY BREAKING OUT OF PENNANT PATTERN PULLBACK TO THE EARLIER BREAKOUT IS SEEMS TO BE OVER
Another Sugar stock on the verge of a 10+ year channel breakout.. Long above 455... SL below 425.
Educational Monthly chart for Eid parry sugar industry.
EID PARRY BUY @ 305-310 STOP @ 295 TGT @ 325-350+ Note: It's preempted Harmonics Chart so the probability of entry with risk reward shd strictly be with the levels given above... Also view negate if close below 295 on Hourly to 4 Hourly charts...
Strong entry point for initiating Longs ? Daily RSI @40 Weekly RSI @60 Monthly RSI @60
Long Target 1 293 Dragon fly doji consider supporting me if you get benefited from my ideas so that I can get a paid membership on tradeview so I can save my charts
EID PARRY - Good BUY at 175 to 180-185 levels for a immediate target of 220 But its a good investment stock looking at the monthly levels where the market structure is UP for the last 15 years. Reason for accumulation at 175 to 180-185 levels is due to over extension in price on a daily timeframe which potentialy could see a small correction before taking its...