Consider a promising swing trade opportunity in Elecon Engineering Company Limited , a leading provider of power transmission solutions, material handling equipment, and engineering services.
Reasons are listed below :
Decisive Breakout of Resistance : The price level of 1120, previously a strong resistance, has been decisively broken, indicating potential...
Stock has formed Cup & Handle pattern. Price breakout of the handle was seen on 26 Dec 23 with good volumes, but stock started trading in a tight range right below the absolute top of the cup pattern with low volume. if price breaks above 950/- Level with good volumes and breakout sustains, the stock may give a good upwards move of 25% to 28%.
Entry: Above 990;...
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This content only education purpose!
❗I am not sebi ragister❗
Introduction:
Elecon Engineering Company Ltd. (ELECON) is a leading manufacturer of Material Handling Equipment and Incraft carriers in India. The company has a rich history dating back to 1960 and has been a part of the NSE since its inception. In this blog post, we will analyze the company's financial performance and provide a bullish signal for long-term...
Buy above :- 471
Stop loss :- 420
Target:- 520
Time :- 45 trading days
ELGI Equipments Ltd is a holding company, which engages in the manufacture of air compressors It operates through the Air Compressors, and Automotive Equipment.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Kya bolti hh public ...........
keep this script on Radar guys
It is essential to trade with prudence and thoughtfully analyze your risk management plan before executing any trades. Wishing you a successful trading experience!
Elecon Engeneering this stock is trading near support line the stock alredy gave break out now again it is trying for new BO we can enter here CMO 409
Best buy 400 To 405
Target 440
Note: iam not SEBI registered iam not recommending any one to buy / Sell
Iam just posting my view
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Bullish Harmonic Pattern Established, possible targets mentioned in the chart
Can accumulate on drop till 320-325
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be...
Stock is in solid uptrend, outperforming Nifty since Jan 2021. High volumes were seen in recent weeks when all stocks were going down, I think Mr. Vijay Kedia increased holdings in this share that will appear next month on public platforms. But this is just an assumption, it's not a reason to buy this stock.
Technically stocks is looking good. Stock gave a...
