IGARASHI trade ideas
IGARASHI cmp 540.this stock trading best risk reward zone with trendline and bollonger band breakout
Igarashi Motors-Nice BreakoutIgarashi Motors-Nice Breakout
Capital to be deployed -20k
Investing Price-720-730
Breakout Price -718
Stoploss -585
Targets -1089
#igarashimotors #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTrade
Cup and Handle for Igarashi?Looks like a cup and handle pattern for Igarashi motors.
Would you buy it? Why or Why not?
IgarashiStock name = Igarashi Motors India Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
IGARASHI MOTORAm not a SEBI registered investment advisor and that you are not offering financial advice. You are simply stating your opinion on the IGARASHI MOTOR stock and the potential for it to rise in price.
I have reviewed your analysis and I agree that there is potential for IGARASHI MOTOR to rise in price. The stock is currently trading at 505 rupees and you have identified a stop loss of 487 rupees and targets of 518 rupees and 540 rupees.
I would recommend that you do your own research before making any investment decisions. You should also consider your risk tolerance and investment goals.
Here are some additional factors to consider:
* The stock market is volatile and prices can fluctuate rapidly.
* IGARASHI MOTOR is a cyclical stock and its price is likely to be affected by economic conditions.
* The stock is trading at a premium to its historical valuation.
I hope this information is helpful.
Here are some of the reasons why IGARASHI MOTOR might rise in price:
* The company has been growing its revenue and earnings at a healthy pace.
* The company has a strong balance sheet and is well-positioned to weather any economic downturn.
* The company is expanding into new markets, which could lead to increased sales and earnings.
However, there are also some risks to consider before investing in IGARASHI MOTOR:
* The company is exposed to the cyclical nature of the auto industry.
* The company faces competition from other global players.
* The company is subject to government regulations, which could impact its business.
Overall, IGARASHI MOTOR is a good stock to consider for investors who are looking for exposure to the Indian auto industry. However, investors should be aware of the risks involved before investing in the stock.
LONG IGARASHI MOTORSBreakout from a weekly trendline with volume, seeing an upside till 583. This is for educational purpose only, I am not a SEBI Reg. analyst. Comment if you have any questions regarding this.
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.
IGARASHI MOTORS - BREAKOUTTrend breakout in the counter on back of robust volumes and is placed at ATH
Weekly Inside bar IGARASHI MOTORS looking really good. Made WIB. Expecting good move above 541. The daily chart shows a clear sign of accumulation.
#Igarashi MotorsTrading at the support trendline that hasn't been taken out since March on Daily timeframe.
Strong possibility of bounce back soon.
Post breakout, it has given a good retest.
#Igarashi MotorsLooks like a very attractive setup with at least 1:3 risk to rewards ratio, with potential for much much more! Entered today with a stop below 300.
IGARASHI - Volume breakoutIGARASHI has given a volume breakout for the up side. Analysis of future move and targets.
Igarshi Motors - 70 points range break outGood break out today in Igarshi Motors. Buy for 620-640 range.
#IGARASHI #IGARASHI_MOTORS #CNXAUTOTechnical Indicators Showing Breakout Above
Technical Breakout
Up Flag
Trend Reversal
Short Term Target Rs . 405
Long Term Target Rs . 485
Stop Loss Rs . 334(on closing)
CMP Rs . 348.25
Buy IGARASHI with short term target of 900The stock has been under protracted downtrend after testing highs at 1124. After remaining in a falling channel for over six months, a potential base has been formed in the 800-840 zones. The stock ended above its upper Bollinger band some time back indicating further potential for an upside. With bands being 40% narrower-than normal, the possibility of a sharp mover in prices further increase. MACD remains in continuing buy mode. A fresh MACD positive crossover is seen on Weekly Charts and it now trades above its signal line. RSI is seen reversing from a pattern support and is seen inching higher.
