WHIRLPOOL trade ideas
Whirlpool - at Solid SupportAfter Delta Corp, another stock that came on my radar is Whirlpool India, the reason being :
1. Stock trading at strong support.
2. Positive price action near the Support area.
3. Rise in Volume.
4. RSI continuous support at 40.
Now if the stock sustains 2000 levels, it might test 2300 initially, and also its recent highs around 2800 levels.
Trade type : support trade, positional
Buy Whirlpool above 2114Triple RSI divergence
Bounce from support or demand zone
Whirlpool, Will buy above 2114 for target of 2232-2300 Keeping stoploss at 2066
WHIRLPOOL - Weekly - Retest & Reversal (Morning Star) - SwingThe above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Analysis and trade setup has been shared in the image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas based on morning star pattern linked below.
Feel free to comment or message me for any kind of queries.
#WhirlpoolA fundamentally strong company trading right at the lower channel trendline, that has been intact for last 6 years. A very high probability of sharp bounce-back. I have entered today at 2190 with a stop loss just below 1950. Let's see!
Marked Levels of WhirlpoolMarked Levels of Whirlpool I Request please keep the stocks in your watchlist & Observe the market movement first then only take your Trades.
WHIRLPOOLWhirlpool, 2 Hour Chart
Price Break-out Done with Volume Break-out.
Buy at CMP 2674, With Support Zone' 2560-2630.
Target 2720, 2818, 2890 & 2990.
Daily Chart
2Hour Chart
Disclaimer
I am not SEBI REGISTERED Analyst.
My Studies are Educational purpose only.
Consult with your financial advisor before trading or investing.
Whirlpool Breakout Trading Setup | NSEprice break the resistance buy 2350 - 2400
ladder buy
Stop : 2052 ( trailing stop loss )
Target : 2500 , 2650 , 2800
WhirlPool price at Resistance whirlpool price at resistance ready to breakout above
price must hold trend line support (2100) below to move higher
price at support zone ( trend line support ) wait for price to bounce from here else we will enter at the breakout of resistance
WHIRLPOOL: Will Go Long for Short Term TargetWHIRLPOOL: Will Go Long for Short Term Target here as supportive volume observed.
