NSE:ESTER Rsi >60 Macd Buy moving average in buy Ma cross 50/20/10 Increasing volume Not a long trade it is completely risky based on technical so book or trail SL.
*Educational purpose* - Excellent balance sheet, profit growth - Despite multiple breakdowns in the index and overall markets, ESTER sustained above its support level - Volumes in pullback are also significant - Rather than putting money at lumpsum, prefer a staggered investment strategy. Buy near support range (Blue color)
*Ester Industries Ltd.* Pole & Flat Formation: Monthly Basis Volume Accumulation & Consolidation Multiple Resistance Levels To be Watched *With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite* *Fundamentally Sound & Improving* Operates in the high-growth flexible plastic packaging, engineering plastic, and high-end speciality polymer...
Short term investment idea for a month and half holding period. Undervalued stock, can also be considered to keep in your portfolio for a longer duration too.
Beautiful Price action structure. The stock has a tendency to take deeper retracements post BO. Watch how much volume is generated while the stock is near 50 EMA. Poised for an up move
(Daily) - Took support on previous resistance sign of bullishness - on a upward trendline - Volume buildup
Chart is looking very bullish, short term as well as long term there are multiple breakouts on several indictors. It can get double from here Target: 300+ Time Frame : 1 Year.
Long target open on weekly Chart BO above 50 Sl 34 Triple Bottom - Promoter's stake has increased - Company has been maintaining a healthy dividend payout of 18.62%