Sachin Naik as chief financial officer and key managerial personnel of the company,
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis) Please consider these ideas for educational purposes. Consider the above lines as upcoming resistances, if drawn any.
💥Shalimar Paints💥- Nice Breakout Capital to be deployed- 20k Investing Price -175-180 Breakout Price -171 Stoploss-151 Targets-219-252-350 RT for max reach. #shalimarpaints #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
SHALIMAR PAINTS NSE is Bullish if 150 holds. Near 52 weeks High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose only. Not Buy/Sell Reco. Sebi unregistered.
Safe Buy Shalimar Paints Above 133. One can even buy around 130 level. There is a Small Resistance around 150-152 levels. However, journey towards 165 looks smooth in coming days. T1: 163 T2: 189 Add more around 120-122 levels (on retracement) SL: 109 Nice break with volume. Crossing resistance i.e above 133 will show good upmove. Looks good for mid-term....
SHALPAINTS NSE Shalimar Paints is bullish if 120 holds. New 52 Week High. Positive Trend. Fresh Breakout. **** Educational purpose only. Not Buy/Sell Recommendations.
Shalimar paints may breakout H&S level psychological level of 120 to be cross first
Shalimar has BO'd from channel and is moving up with good volumes...importantly it has also taken SUPPORT of 200 EMA. Targets marked..broader markets are sliding or consolidating so trade cautiously..this is an idea, not a recommendation. Shalimar is up 7% today
SHALPAINTS : Trading under Descending triangle pattern - Levels are on charts - Looking good if found near demand zone with small SL - More entry above resistance zone Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
It will be a good buy. Can add in dip. It may retouch the outer boundary of channel
It formed bullish pattern.(breakout+retest done)
This analysis is purely based on price action and chart pattern. Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Entry can be made above the high of today's candle or on small pull back to upper line of parallel channel. Targets are shown in image. SL can be placed either below consolidation zone or below...
disclaimer... not an investing/trading recommendation
This market has been in downtrend for quite some time. Recently there was strong momentum to the upside from 115 levels which is also a monthly support. One of the reason for extreme movement can be short covering. That price action changed the immediate market structure. 160 and 175 are key resistance areas. RSI had bottomed out and the next swing high will also...