PowermechPowerMech is showing solid strength – bullish setup on the charts and strong volumes kicking in. 🚀 Keep it on the radar!
POWERMECH trade ideas
Power Mech Proj Long Price Formed HTF Demand formation
6 Month Demand @5550
Qtrly Demand @5550
Monthly Demand @5550
Weekly DMIP @ 6000
Weekly BUFL 6000
Target 9000
Power Mech Projects Ltd.*Power Mech Projects Ltd*
P&F Formation on Multiple Timeframe.
Strong Price BreakOut Sustained.
Strong Vol Consolidation & Continued BuiltUp.
RSI: 1H>D>W<M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Weekly Basis.
Continued Demand/Supply Gap. Continued reforms in the sector highly positive.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do your own research as well. This is an Opinion*
*_Happy Investing_*🤓
POWERMECH - Bullish SetupStock name - Power Mech Prodjects 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.
Master Score - B
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.
POWERMECH to the Moon1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
BUY POWERMECH PRICE @ 3458 47% ROI EXPECTEDBUY POWERMECH PRICE @ 3458 47% ROI EXPECTED
Buy1 cmp entry @3458
Target 1 @5072
ROI 1 @47
Buy2 Pending entry @1945
Target 2 @5072
ROI 2 @161
Our Unique Features
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1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward up to 25.
Note Please leave comments for any query.
Disclaimer This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
PRABHUMAYAKANNAN
power mechwell-known company
EPC project
The Indian government plans to invest in projects
this stocks leads in this counts
cup with handle patten breakout
stock at a lifetime high
Focus list sep 11, 2023Stocks with red tag are moemntum sectors and stocks in curerent swing. Stocks with Amber tags are momentum stocks where there may not be sectoral momentum in current swing.
SHARE TO GO LONG FOR 32% OF PROFIT IS IN BELOW MENTIONED REPORTPower Mech Projects Ltd is an integrated power infrastructure services company in India providing comprehensive erection testing and commissioning of boilers turbines and generators (ETC-BTG) and balance of plant (BOP) works civil works and operation and maintenance (O&M) services.
THIS SHARE IS NOW AVAILABLE AT RATE OF 1819 AND CAN BE EXPECTED PROFOT PF 32 %
FOR MORE WSUP ME 8459 22 0202
Long position Break out candidate in this type of market volume also good, please suggest your input.
vcp characteristicsbreaking out of the base
exhibiting strong RS while indices are down more than 1.5%, this stock is up 1% and holding the key moving averages
volume dry up in the base
big buying volumes
pilot position - buy stop order at 944
SL 899
Publishing for my own reference.
Not an investment/trading advise.
VCP structure.Stock is forming VCP structure.
Would like to see some closings near the pivot point to initiate long position.
Publishing for my own reference.
Not an investment advise.
A VCP Pattern.Stock looks poised for an upmove with a beautiful VCP pattern and good strong closing today.
Buy Power Mech at 425 Stock has broken a 1& half year long term downtrend line. Buy for a target of 511
POWERMECH Long ideaSupport in the range of 355-375
Bounced back from support with good volumes
Fundamentally too good - Book value 600+ hence trading at a huge discount
PE ratio is just 4.5
