💥 Zuari Agro Chemicals💥-Nice Breakout Capital to be deployed-20k Investing Price-240-250 Breakout Price-235 Stoploss-194 Targets-323-442 RT for max reach #zuari #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
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 and...
NSE:ZUARI is breaking out in weekly with great volume buildup. With this breakout, its trying to come out from a nearly 4 year range. If this BO sustains, it could potentially be a rewarding one.
On monthly it made a base after a big correction, Now started marching up with a decent volume support. Upcoming election and budget (possibly good for agriculture stocks). A pledge issue is there but sector tailwind will support it. Nearest resistance 216 then 311. Entry with SL at 180 can be good.
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...
ZUARI it has given good breakout today in the chart I have shared my view. from here we can plan this trade. Good Breakout Good Volumes Good RR Good Setup
Looking good in almost all the time frames and has given a breakout too after a long time. The next immediate targets would be 170 and 190 Most of the fertiliser stocks are looking good as the PLI Scheme news might pop out anytime. More volumes are being seen in the last few days.
This stock tradig in parallel channel technically looking good Good R/R ratio
Short term bullish as stock has given trend line breakout and also out of consolidation zone
Hello and welcome to this analysis On daily time frame it is forming a Bullish Harmonic Gartley that has its potential reversal zone between 148-143. Accumulate in that zone with 135 as stop loss for upside potential targets of 170/190 and ATH Good risk reward set up from medium term prospective.
I was expecting breakout but due to poor results it didnt work out but structure is still positive... I have averaged at 161 and looks like it is about to reverse... Markets looks forward expecting better results in coming quarters... Reason was BAD quarter one of the subsidiary Mangalore Chemical and Fertilizer was SHUTDOWN in Q2 due to plant upgrade and raw...
Mega move is unfolding here...Check my last chart on Weekly Time frame...
Beautful Chart Set up...Moving in a channel with Cup and Handle formation... 235 240 is immediate target...Above 190
Buy near 165 166 for target 175 185 in 4 to 5 days Base formation completed near 159 162 zones
Zuari Agro is breaking out and see good move above 173 175 zones... 220 is immediate target and can do 300 in medium term. The company has recently sold it loss making entity at 1100 CR. They will develerage the Balance Sheet and make is stronger. The Company is on turnaround path. Long term can do 400 600 also.
Hello Welcome to this analysis about ZUARI , we are looking at daily timeframe perspectives. ZUARI is developing here that will be a decisive factor in the upcoming times. I discovered the main formation ZUARI is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how ZUARI has emerged with this...