CESC trade ideas
CESC - Range bound in 65-95 for 15 monthsThis was after being up 3x from 20-65 in Jan-2021
Plan ahead, consider to Buy above 85
- and/ or Rejections near 65 or 50
PB 1x
PE 7x
DE 1.5
ROCE 11%
DivY 6%
CESCI bought CESC
1. Candle breaching 200 EMA
2. RSI has a bullish crossover
SL 75 for T1 85 & T2 95
Positional trades
Trend Following SystemIt's a simple bearish trend following system, going to meet with its supportive zone. "1Day" time fram is used here.
#trading #systemtrading #trendfollowing #tradingforlife
CESCBuy Entry @ 78
Target @ 111
Stop Loss @ 68
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
CESC - Watch out for Trend line BOCESC - Watch out for Trend line BO
Levels are marked in chart
Please follow proper position sizing & risk management
CESC Long Entry My idea is to go long as there is a Double Bottom Structure in 1H timeframe. So I have targeted till the neckline of the structure as on 1d timeframe there was a 50-200 crossover which shows it to be bearish so I targeted as much as I thick it would be right.
CESC ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
CESCPrice have broke through the diagonal trendline and a crucial level which have act as support and resistance many times, having multiple touches. Go bullish on proper confirmation.
LONG -SWINGIts looks uptrend channel pattern
keep as Risk reward 1|2
Its only my own analyze and I'm not a SEBI registered.
Please Check with own analysis before take the trading.
CESC LTDPassed the below parameters, weekly Congestion, fib retracement golden zone broken, RSI above 60, increasing volume. Let's wait and watch this stock
cup and handle patternit gives cup and handle pattern breakout
Volumes looks good on bullish side
Rsi also crossing 60
Overall looks good for buying
Breakout, retest, move up from channel patternCESC has been trading in a choppy fashion, but the BO, retest and move up appears to be positive. Targets marked. Do your own research and take positions. This is an idea, not a recommendation.
Breakout, retest and move upCESC retested upper channel and importantly the last candle formed is worth noting ( weekly TF ). Bears had control for most of the week before bulls took over...hence the big wick at the bottom...which also indicates a move up...let's see how it plays out...targets marked. This is an idea, not a recommnedation. Also note 4 supports and 4 resistances inside channel ( 3 or more S&R is good)
Long entry opportunity in CESC with lower riskCESC had recently given breakout from a symmetrical triangle pattern and now it is retesting the resistance. Hence there is a high probability for a bullish move. It is now trading near the Monthly CPR support which gives confirmation to go Long in this scrip.
So after a strong green candle near resistance we may go Long and have Stop Loss just below resistance or CPR support based on our risk appetite. So do analyse on your own and look forward to this.
CESC LTD (Y21.P2.E1).Broadening wedge breakoutCESC LTD (Y21.P2.E1).Broadening wedge breakout
Hi Investors and traders,
I was looking to do some case studies for formations and trends for my online training and I came across this stock.
Hence while I was documenting from a TA perspective (chart below), I thought I also publish this and the potential opportunity based on the broadening wedge approach.
Its also for me to see where I get it right and wrong.
My thoughts:
Currently still some downward pressure;
Support at this level is strong for a number of factors; fib and pre existing TL.
If I was to trade this, I would be looking for a breakout from the resistance TL and depending on the level and candlestick, will decide my entrance.
If you benefit, all the better.
Please give me a tick or like for this post,
Regards,
S.SAri
Big Picture TA, a lot of it makes sense.
s3.tradingview.com
