SCHNEIDER at all time high. Nifty making all time high. India Vix crashing. Electric equipment industry is showing strength. SCHENEDIER have a breakout with good volume after a consolidation phase. Offering a good R:R. Cheers
*Schneider Electric Infrastructure Ltd.*
Rounding Bottom: Yrly Basis
Price BreakOut. If Sustained, Good to Go!!!
Vol. Consolidaton & Continued BuiltUp.
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot:*
Estsb. in '11. Mfg./Designing/Building/Servicing: Electricity Network. Industry Outlook +ve.
Rising Sales/Profitability: Qtrly/Yrly Basis...
Buy above :- 185
Stop loss :- 160
Target :- 210
Time :- 45 trading days
The company is engaged electrical industry, energy management and innovative technologies & With a unique portfolio of connected technologies- connected products, edge control and apps, analytics and services.
Aim for 5-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 5-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
Take trade if all...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
this is share is forming a double bottom on the bigger time frame and breaking a good resistance and range.
we can target of 240 in upcoming days
best of luck
Bullish golden crossover of 50VWMA and 200SMA indicating bullish potential upside.
Also, a 3-year old base breakout has already occurred and price is currently hovering just above breakout level (between 120-125)
RSI also confirming base breakout.
ADX marking a fresh 5 YEAR HIGH!
Potential targets are 188.15 and then 219-226.
Stop loss can be kept at...
