Breakout from 8 months long rectangle !! Probable target mentioned. .
Reason for long a) MR14 SET up b) Triangle breakout c) vwap support d) SL compulsory
🚀Bullish 🚀Suprajit ... Traingle chart breakout alert .. Very bullish upto 22% 🚀🚀 Upside Momentum .. Buy Now in big quantity... TARGET WILL BE 410 Stoploss 315 Plz Note this is not a Investment Call .. plz ask first your financial advisor
The stock is compressing near the demand also the volume is drying up. It's ready to fly.
The Company is engaged in the business of manufacturing and selling of automotive and other components and that are considered as single segment. Products Motion Control Solutions Control Cable Systems Push-Pull Assemblies Brake Cable and Lever Systems Rotary Push-Pull Lever Control Systems Gear Shifter Mechanism and Cable Joysticks & Remote Valve Control...
The stock has broken out and retested, therefore it may undergo a rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & Previously upper trendline. The target is placed near swing high. Note: Market is having weak sentiments, making this a high risk trade. Due Caution Is Required.
Can enter long with strict SL as 295 DCB , Stock is near long term high level .. Once it cross that resistance , nothing going to stop it ..
breakout with good volumes always provides confidence...but when there is a big move it is followed by some pullback or consolidation ( remember nothing is 100% foolproof1!!)..i usually watch what the stock does after a big move..it could also keep moving up..keep watching..targets marked...Suprajit as a company has EVOLVED & ADAPTED nicely over time, so i would...
we can see stock is taking dynamic support at 72 ema and price now available right here. here stoploss would be lesser and profit target could be better. stoploss 299 on daily close basis. positional buy can be hold as long as 72 ema not broken on daily basis and for short term trading target 1 will be 314 and target 2 will be 321. call negates if opening on...
Wait for retest and enter on pull back
Please note- We and our clients hold this stock as a part of our long term portfolio. Company fulfills most of our fundamental parameters.