NSE:AEGISCHEM
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders.
Reasons are listed below :
Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation.
Breakout and Retest : After multiple...
AEGISCHEM go long if it cross 387.15
Entry: 387.20
stop loss: 317.90
targets: 518.95
Time Period: 6-7 months
Please consult your financial advisor before getting into the trade.
This is after being down 55% from 352 to 165
Plan
- Consider to Buy above 350
- and/ or Rejections near 165 or even 100
PB 4x
PE 24x
DE 0.4
ROCE 17%
DivY 1%
Aegis logistics NSE:AEGISCHEM has broken out of inverse head and shoulder pattern on weekly chart. The stock has also shown accumulation on lower levels as seen from chart with volume spikes. The stock has also crossed a crucial supply level of 250 which is to be observed on weekly basis for any weakness in chart.
