SOBHA LTD GIVES BRAKEOUT ON DAILY CHARTNSE:SOBHA
SOBHA LTD Brake out on Daily chart .
Buy Near 2100-2150
Sl 1930
Target 2520
Time duration 1 month
Risk Reward Ratio ---- 1 : 1.68
Profit on capital Ratio ---- 17%+
SOBHA
Crossover Trade - SOBHA📊 Script: SOBHA
📊 Sector: Realty
📊 Industry: Construction
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 1946
🟢 Target 🎯🏆 - 2113
⚠️ Stoploss ☠️🚫 - 1860
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
#KIRLPNU 660 Tgt 800 21% Buy-Rachit Sethia #Kirloseng #kirloskarKIRLPNU 660
TGT 800
SL 600
RR > 2.4
Return >21%
TF < 6M
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 Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
SOBHA Finally broken out with yearly high volume#SOBHA Finally broken out with yearly high volume. Still good opportunity , position can be build by SL at 580. sector is good. Little pledge issue but good result expected. Valuation is reasonable.
Sobha may increase (Sobha) decorum of your portfolioSobha Ltd is real estate & construction firm with 28 years of expertise in delivering premium quality residential homes and commercial spaces across India. The company owns four manufacturing facilities for interiors, concrete product and metal work. Sobha CMP is 576.20.
Negative aspects of the company are high valuation (P.E. = 48.2), declining annual net profits, FIIs are decreasing stake and MFs are decreasing stake. Positive aspects of the company are low debt, improving cash from operations annual, promoter unpledged stake and promoter holding increasing.
Entry after closing above 587. Target of the call will be 623 and 682. Long term targets in the stock will be 702. Stop loss in the stock should be maintained at closing below 511.
Sobha ltd view for tomorrowSobha ltd view for tomorrow...
Intraday view
Ascending channel breakout expectation for tomorrow....
SOBHA - Clear swing trade entry🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
sobha - read to fly1. The price moved up from 747 yo a high of 980.
2. The price then hit the low of 756/759
3. A good upward move with good volume of 13 lakhs compared to previous 5 days
Read the chart carefully for trades
Sobha Breakout - Looks good below 820Sobha can give a target of 20 points on Tuesday, Look for sell side opportunities below 820 for a target of 800
Sobha Ltd : Buy Opportunity Spotted: Wolfe WaveThe wolfe wave that has been in formation, seems to have completed the confirmatory false breakout. It seems to be a right time for entry into the long position. markings have been depicted in the chart.
