ISGEC - CUP with Handle on Parallel channel resistanceIf this breaks out, target can be very high. Atleast double, within few months.
ISGEC trade ideas
ISGEC Positional PickISGEC looks Strong positive..
Please refer the levels for more Info
Please consult your financial advisor before investing
All research for educational purposes only.
ISGECCup and handle with shakeout is the best setup one could find in the market now this particular share gave a pullback looking good for long
IGSEC - watchout for ATH testIGSEC looks good for resistance rest of 825/835
If this can hold above 835, then we get to see ATH test
ISGEC HEAVY ENG DAILY CHART Given trendline breakout . given decent bounce back from support , best buy around 620-630 . tgt 720/840
ISGEC - Weekly chart - Rounding BottomThis analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks to reach the target.
Logic, SL and Target is shown in image itself.
Also important levels are marked in the chart and one can see how price has respected those levels.
To understand how rounding bottom gives huge moves on breakout on all timeframes, check the analysis of HDFCAMC (15 minTF), DHANUKA (Weekly).
Also, check the chart of PAGE INDUSTRIES (Monthly) for more understanding.
Rounding Bottom in PAGE INDUSTRIES
This analysis is for study purpose. ISGEC is a Heavy Engineering Company having two segments i.e. manufacturing of machinery & EPC.
Traders must do their own study before entering into any trade. Traders should trade with their own risk capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis/Chart Study
ISGEC HEAVY CMP 309Beautiful chart and super company with strong funds.
Stop Loss: 275
Target: 500+
Time frame: 1 year.
It can give quick returns after breakout, atleast 20-25%
