Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
Stock name = Omaxe Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI...
OMAXE 48.80 TGT 61 SL 42 RR ~2 Return > 23% TF < 6M NSE:OMAXE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout...
Omaxe has been selling off for a while now and for good reason, fundamentally they are weak, although their revenue is increasing an a QoQ basis, their net profit has been in the negative for many quarters now....I have marked the levels and any good quarter result will make meinitiate longs....My target is all time high or at least back to the previous high where...
OMAXE NSE is bullish if 109 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend. Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Omaxe CMP - 105 Looking bullish in higher time frame. One can go for Positional Trade Setup with the following entry, exit & targets. Buy Range 100 - 110 / Stop Loss 80 Target 1 - 140 Target 2 - 175 Target 3 - 200 / 220 Disclaimer: This is my view and for educational purpose only.
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Purely technical pick.Multiple Buy confirmations by price breakouts and volume.Also RSI is in a very good zone.Stop Loss-102.Educational Purpose only.
Chart is self explanatory. Don't invest and trade blindly.
It had been trading in a box/rectangle pattern for more than a month and suddenly shot out with good volumes. 97, 105 are next targets. This stock has fallen from its high and trying to stage some recovery. It is a small cap and should be traded with caution. For short term only. This is not a recommendation. only an idea.
Keep this stock in buy list .... tgt 85-95 Breakout soon and all indicator is turning towards buy side
Omaxe gapup expected on Monday Next week tgt 220.. Happy and safe trading..!!!