Get started

ULTRACEMCO

ULTRACEMO - LONG @CMP 7660Swing Idea: NSE:ULTRACEMCO - LONG @CMP 7660 Entry -> 7660 SL -> 7395 TGT 1 - 8000 (R:R = 1.3) - Time frame -> 1 month TGT2 - 8200 (R:R = 2.05) - Time frame -> 1-2 months TGT3 - 8800 (R:R = 4+) - Time frame -> 4-6 months Reasoning: - Stock moving in a channel since 1+year. - Stock moving on lower end of channel with good consolidation - On the verge of breaking triangular pattern Caveats:. - Can go below channel on global cues, and pandemic news. Shake-up possible. - Earnings coming up in 3 days, could be a make or break situation
NSE:ULTRACEMCOLong
by it_swing_trader
#SUNDARMHLD #SUNDARMFIN #FINTECH #FINANCE #TECH #Iot #ML #AI #ITSundaram Finance Holdings Ltd. NSE:SUNDARMHLD NSE: SUNDARMHLD CMP: 83.65 Target 1: 96+ Target 2: 110+ Time frame: <6months 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:SUNDARMHLDLong
by Rachit_Sethia
Cement Stocks -ACC, ULTRACEMCO, AMBUJACEM -Similar opportunitiesThere seems to be something cooking up in all major cement stocks. Similar opportunities can also be found in related stocks. One should keep a close watch and can capture short term opportunities. Do let me know on my social media platforms shared below, which one of them is your favorite. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade. Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:ACCLong
by AdityaKarn90