"Triangle Consolidation in Everest India"There’s strong triangle consolidation in Everest Industries near a solid support level. A minimal stop loss placed just below the trendline would be more effective.
EVERESTIND trade ideas
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers
STOCK NAME { EVEREST IND } SWING TRADEswing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Upside gain of 23 % with maximum probability The chart is showing a double bottom on weekly chart which gives and indication to blast the price with an upside move of 23 % , by following the chart and buying the stock as this company is in business of spices which lead to a greater demand as fmcg product consumption are increasing and with a higher expectations of earning in results this stock can give upside move
EVERESTIND - Retest of breakout - low risk and high reward tradeEVERESTIND stock fell from its all-time highs and is currently trading near very strong support; trend is positive.
Because the stock has fallen sharply, wait for some evidence of strength before entering a trade. Do not enter a trade if you have not identified any signs of strength.
This trade can be viewed as a retest of a breakout; it will be low risk and high reward trade.
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EVERESTIND BREAKOUT AND RE-TESTING ITBeautiful breakout of triangle pattern and retesting it.
#investing #trading #swingtrade
Everest IndustriesEverest Industries cmp 708
SL 667
Target 780/850
Swing trade
Holding for 1-2 months
Everest Industries LtdEverest Industries Ltd
Trading @ 620 levels
The stock is trading below the fib ratio
The prices are above ema
Watch out
EVERESTINDEverestInd made symmetrical triangle pattern on an hourly chart & trading above breakout level comfortably with more thn average volumes.
Could be bought with mentioned stoploss & targets
Go long for swingIt formed a inverted head and shoulder pattern.breakout+Retest done. Just look for a bullish candle near the support and go long .
Everest IndsEverest Inds looks good abv 278 as the weekly chart Fib is abv 61.8 and keep sl 250 tgt 310
Everest IndustriesChart looks good supported by strong indicators. Next resistance seen near 490 levels.
Sell Everest Industries TGT 240 SL 300 #NSEStock forming new low, supported by low RSI and BB lower band.
