Get started

SYMPHONY

Symphony trying to gain rhythm and harmonySymphony Ltd. CMP – 899 Market Capitalization Rs 6,199.2Cr Red Flags:🟥 High Valuation (P.E. = 54.4) MFs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge FIIs are increasing stake Improving annual net profit Improving cash from operations annual New Happy Candles Number – 60/100 Fresh Entry/ averaging / compounding after closing above 915 Targets: 925 and 940 Long term target: 961 Stop loss: Closing below 825 The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:SYMPHONYLong
by Happy_Candles_Investment
#SYMPHONY #BAJAJELEC #CROMPTON #PGEL #WHIRLPOOL #IFBIND #NIFTY50#SYMPHONY NSE:SYMPHONY CMP: 929.20 TP: 1090 // 1175 SL: 868 TF: <6m RR > ~2.6 times Return > ~17% SYMPHONY BAJAJELEC BUTTERFLY CGPOWER CROMPTON PGEL WHIRLPOOL IFBIND STOVEKRAFT TTKPRESTIGE 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
NSE:SYMPHONYLong
by Rachit_Sethia
#CROMPTON #SYMPHONY #BAJAJELEC #PGEL #WHIRLPOOL #IFBIND #NIFTY50#CROMPTON NSE:CROMPTON CMP: 344.45 TP: 385 SL: 330 TF: <6m RR > 3times Return > ~12 % NSE:CROMPTON SYMPHONY BAJAJELEC CGPOWER PGEL WHIRLPOOL IFBIND STOVEKRAFT NSE:TTKPRESTIG NSE:BUTTERFLY NSE:SALZERELEC 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
NSE:CROMPTONLong
by Rachit_Sethia
SYMPHONY - Monthly Breakout - Positional/Short Term InvestmentThis analysis is purely based on Price action. The analysis is done on monthly chart hence it may take one month to several months to achieve the final target. Traders must keep this in mind while trading. As can be seen from the chart, 815 level is a MULTI-YEAR support level for the price. After multiple rallies, price has come down to test the support level and reversed from that level. Other resistances are also marked in the chart for better understanding the price action in this stock. During the major fall in March, it came down and again took support at the same support level. After consolidating for 8 months, price finally gave breakout in December 2020. The breakout is supported by huge volume candle as well. Price has give breakout from Multi-year resistance trendline as well. (as shown in image itself). A Double breakout from major support level with increased volume has very high probability of sustaining above. Symphony also has good fundamental. Hence, One can enter in the stock with short term investment view or for Positional trades (entry can be made on Weekly chart as well). SL can be placed below the breakout candle or for safe traders, it can be placed below the consolidation zone (shown in image). Targets are shown in image itself. *Trade at your own risk & money management/position sizing. Always do your own study before entering into any trade* Feel free to comment for any query or suggestion. Do check out my other ideas for more understanding of price action & various chart patterns.
NSE:SYMPHONYLong
by AdityaKarn90