This is a stock with decent financials
PE is lesser than sector PE
Given B.O on weekly levels so can be considered for short term.
For long term it is a good pick since it has possibility to be acquired by any giant.
Blue lines - expected target
Red line - SL for short term
White line - acquring levels if fallen
Stock name = Prataap Snacks Limited.
✅#DIAMONDY trading above Resistance of 1300
✅Next Resistance is at 1600
✅Moved 32% in 35 days
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for...
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...
Stock name = Diamondyd
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered....
accumulation
good breakout
stock to watch
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Prataap Snacks gets approval under PLI Scheme - Category - I, Segment - Ready to Cook/Ready to Eat (RTC/RTE).
Approval for sales-based incentive.
The incentive would be payable on incremental sales of eligible products over the base year sales as defined in the PLI Scheme.
Trade setup:
Weekly: Bullish breakout from parallel channel & long-term trendline with huge volumes. crossed 50 EMA with volumes.
Monthly: shift in trend from LL to LH. More confirmation after HH is achieved (from LH). Crossed 21EMA with volumes.
Entry = only after the break of resistance @730 INR.
SL = below 530 INR.
debt free company, and one of the fastest...
