Elin Electronics listed December 2022, now at Trend Support Buying range 155 - 160 Target 173, 179, 187.5 20% Upside Potential 1:2.4 Risk Ratio
This stock breakout recent resistance and stock gave good opportunity for swing trade TGT are 175,193 SL 147
ELIN is offering good R:R ratio of 1:2.3. Nice pocket pivot after a strong consolidation. Demand is coming in the last part of the trading session means their is delivery based buying happening. Delivery is 5.9x times.
As per previous chart history and technical analysis along with Fundamental inputs of the stock, it indicates that you can buy or hold your stock for maximum profit in short term as per chart analysis. Might be a Reversal Zone - 168.95 - 176.50 But if broken upward then next target will be 190+ All major points are mentioned on the chart itself Do your own...
Dear Followers, I hope this Message finds you well. I wanted to bring to your attention a potential swing trade opportunity that aligns with our investment strategy. Please note that this is for informational purposes only, and it's essential to conduct your own thorough research or consult with a financial advisor before making any investment decisions. Stock:...
elin electronics ltd 1d time frame buy@ 191.20, target@ 209.55, 214, 219 ascending channel breakout risk reward 1:1 sl@173.15
Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services ("EMS") provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India. [
ELIN looking good for long entry and keep SL below trend line.
Buy at 160 sl 148 target 176/190/204+++ don't go heavy
👉🏻Stock Trading above 20 & 50 EMA 👉🏻Price breaking a small base. 👉🏻Breakout above 173.5 Support 162.5 👉🏻RR Favorable for going long Don't forget to hit that❤️for a like🔁for a share,and🔖for a bookmark! #bullish #stockmarket #stockstowatch #Stocks #Investing #FinancialFreedom
After falling over 52% from the listing day, the stock has consolidated for 6 months and breakout with good volume. Stock entering into stage-2 is a good sign to add to the watchlist, hope for the long run.