The above company looks a good chart to keep on watchlist
the fundamental changes are something to watch closely .
NOW talking about levels, 1400 strong positional basis support area
where a retest if takes place would be a fresh add on current entry positions
a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !...
🚗 Revving Up for a Rounding Bottom Rally! 🚀
Exciting times ahead for #SMLIsuzu enthusiasts! 🌟 The charts are whispering secrets, and it looks like we're witnessing a Rounding Bottom formation. 🔄 Buckle up as we break down the numbers:
SML Isuzu (CMP: ₹1668)
📈 The engine is purring at 1668 - we've got our eyes on the prize!
Target: ₹2670
🎯 Ready to shift gears...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Could be a turn around story in making.
Breaking out of the important Gann levels after almost 6 years and numbers improving
1) posted Good numbers for the last two quarters
2) Expanding product PF for overseas clients.
3) Improving Sales (almost doubled since March 924 to 1822)
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
SML ISUZU is a commercial vehicles manufacturer which manufactures buses, ambulances and customized vehicles. Negative aspects being net Profit of the company was seen decreasing in the recent results. Positive aspects being improving cash flow, FIIs increasing stake and Zero promoter pledge. Entry in the stock can be taken after closing above 816. Target for the...
Stock had a double bottom breakout at 780 levels.
Then retraced.
Took 9,21 EMA support and broke pivot 850
Closed above Pivot today.
At least 200 rs move is possible now, SL 755
