Consider a promising swing trade opportunity in Elecon Engineering Company Limited , a leading provider of power transmission solutions, material handling equipment, and engineering services. Reasons are listed below : Decisive Breakout of Resistance : The price level of 1120, previously a strong resistance, has been decisively broken, indicating potential...
stage 2 uptrend continuation this stock is all set for new highs massive accumulation from fii
Clear retest of breakout from symmetrical triangle pattern can go long keeping swing low as sl
Stock has formed Cup & Handle pattern. Price breakout of the handle was seen on 26 Dec 23 with good volumes, but stock started trading in a tight range right below the absolute top of the cup pattern with low volume. if price breaks above 950/- Level with good volumes and breakout sustains, the stock may give a good upwards move of 25% to 28%. Entry: Above 990;...
Elecon Engineering Company Ltd Market Cap ₹ 10,767 Cr. | Current Price ₹ 960 52 High / Low ₹ 983 / 331 | Stock P/E 36.9 | Book Value ₹ 126 Dividend Yield 0.23 % | ROCE 24.9 % | ROE 20.5 % | Face Value ₹ 2.00 Promoter holding 59.3 % Current liabilities ₹ 375 Cr. Total Assets ₹ 1,881 Cr. Return over 1year 95.3 % Return over 6months 52.0 % Return over 3months 3.96...
simple triangle pattern breakout. low risk trade with high profit. set a target at 15%, stop loss in upper trend line.
Introduction: Elecon Engineering Company Ltd. (ELECON) is a leading manufacturer of Material Handling Equipment and Incraft carriers in India. The company has a rich history dating back to 1960 and has been a part of the NSE since its inception. In this blog post, we will analyze the company's financial performance and provide a bullish signal for long-term...
Elecon Engineering-Nice breakout. Capital to be deployed- 20k Investing Price -570-580 Breakout Price -556 Stoploss-460 Targets-982/1355 #eleconengg #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
Buy above :- 471 Stop loss :- 420 Target:- 520 Time :- 45 trading days ELGI Equipments Ltd is a holding company, which engages in the manufacture of air compressors It operates through the Air Compressors, and Automotive Equipment.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Kya bolti hh public ........... keep this script on Radar guys It is essential to trade with prudence and thoughtfully analyze your risk management plan before executing any trades. Wishing you a successful trading experience!
Elecon Engeneering this stock is trading near support line the stock alredy gave break out now again it is trying for new BO we can enter here CMO 409 Best buy 400 To 405 Target 440 Note: iam not SEBI registered iam not recommending any one to buy / Sell Iam just posting my view
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
swing trade before taking trade analyze rr good in this stock
Bullish Harmonic Pattern Established, possible targets mentioned in the chart Can accumulate on drop till 320-325 Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be...
One of the few stocks to give more than 80% return in this market. I entered but exited very early. Mistake.
Stock is in solid uptrend, outperforming Nifty since Jan 2021. High volumes were seen in recent weeks when all stocks were going down, I think Mr. Vijay Kedia increased holdings in this share that will appear next month on public platforms. But this is just an assumption, it's not a reason to buy this stock. Technically stocks is looking good. Stock gave a...