Stock have potential to go upside further Quarterly results are good Have chance further up
Date : 27-01-2024 Buy ISMTLtd Above 107 for the Target of 135-217 SL 50 Strategy : SBO + RSI > 60 + EMA above 50 & 100 Volume Built-up Duration few Weeks
there are two possibilities here. One can enter right now on a possible long term reversal zone. Personally i am waiting for a confirmation of reversal. NSE:ISMTLTD
This analysis examines ISMTLTD's weekly chart to identify potential trading opportunities based on technical indicators and patterns. We will focus on the following key elements: support at a rising trendline, a hammer candlestick, and adjusted RSI divergence. 1. Support at Rising Trendline: The most prominent feature on the weekly chart is the candlestick...
ISMT Buy ISMT as share has undergone 1 month consolidation Now taken support from 200 ema and will headed towards Target 100 1 Target -100
Entry CMP Stop 77 Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can...
Excellent Quarterly Results VCP Breakout Strong Uptrend SL: 81.35 Target 1: 108.80 Target 2: 135.30 R:R - 1:8.5
ISMT ENTER above 59, sl 42, we can see first 70 levels and crossing it , it will open door for 110 plus levels
ISMT has given a breakout after more than 10 yrs with huge volume breakout as well. After the breakout the stock was able to sustain the crucial support/breakout area for more than 3 months and now has formed a kind of pole and flag pattern. BUY-84 STOPLOSS-74 TRG-140 DURATION-6-12 MONTHS
Buy above :- 75 Stop loss :- 69 Target :- 81 Time :- 45 trading days Art of engineering transformation begins with world class infrastructure & good product quality .
Breakout and retest complete Cmp 83 Add more near 80 TGT 100+ very soon TGT 2 - 140 SL below 78 Note : Not any buy or sell recommendation just an idea. Sl below support zone if you go long ..
Hello to everyone The price given multiple years cup pattern breakout with massive volume buildup. Breakout also done by good candle above the resolution point. price consolidated for very long time near the resolution point an finally given the breakout above the resolution point. RSI also taking strong support at the 60 level and the price holds itself...
ISMT Ltd. Inverse H&S / C&H Pattern: Yearly Basis P&F Pattern: Monthly Basis Strong Vol. Consolidation / Continue BuiltUp C&H / P&F Price Trendline: BreakOut With Upside, Trail SL Book Profit as per Risk Appetite Snapshot Estab: ‘77. Engaged in Mfg. of Seamless Tubes / Engineering steel. Acquisition of 51.25% by Kirloskar Group (Pune) of ISMT in Mar’22 (Rs.670...
ISMT - Possible Generational wealth stock Already given a Pole & Pennant Breakout on monthly time frame. Entry - Above red line
ismt very strong momentum. a decent buy in the range of 65-70. target 140 in few months
ISMT manufactures seamless tubes ranging from an outer diameter of 6 mm to 273 mm for a wide variety of applications. Typical uses include: Stabilizer bars Air bag canisters Front wheel drive shafts Anti-roll bars Piston pins Collapsible steering columns Steering linkages Transmission shafts or Propeller shafts Trailer axles Stub axles Gear shafts Common rails...
ISMT-Stock Current price is 50.85, Best Buy Near 49, Target price in the stock is 65 and stop loss on daily closing basis 41. Stock is in strong uptrend on daily chart, after a range breakout in Dec-21, Now recently stock touched high of 74 and now corrected and now near strong support range, Holding period should 2-3 Months.
ISMTLTD- Long, SL 33 Fundamentally good company. Will add more as per chart.