Trade in a RANGE...NSE:SHOPERSTOP trade at 785. Support @ 690 & Resistence @ 860.
In the Range Next Resistence @ 950 after breakout you can watch it New All Time High...
SHOPERSTOP trade ideas
Shoppers Stop- Nice BreakoutShoppers Stop- Nice Breakout
Capital to be deployed- 20k
Investing Price -870-880
Breakout Price -864
Stoploss -717
Targets -1070-1900
#shopperstops #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTrade
SHOPERSTOP starting journey againSame pattern on daily and weekly chart. Can give good return from here. Keep in watch. Cheers
SHOPPERSTOP Intraday TradeEntry above days high at 772.4 with stop loss at 767.65 . Expecting a 1:4 target
downtrend in shopper's stop stops and uptrend my commenceShopper Stop Ltd. is engaged in the business of retailing a variety of household and consumer products through departmental stores and it provides retail range of branded and own label apparel, footwear, perfumes, cosmetics, jewellery, leather products and accessories, home products, books, music and toys, operates in the cities of Mumbai, Delhi, Kolkata, Chennai, Bangalore, Hyderabad, Pune, Jaipur and Gurgaon. Shopper Stop Ltd CMP is 703.
The Negative aspects of the company are High Valuation (P.E. = 82), FIIs are decreasing stake, High promoter pledge. The company's Positive aspects are Low debt, MFs are increasing stake, improving annual net profit, improving cash from operations annual, Promoter holding increasing.
Entry can be taken after closing above 710. Targets in the stock will be 737 and 756. The long-term target in the stock will be 786 and 814. Stop loss in the stock should be maintained at Closing below 657.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
SHOPPERSTOP - Time to book profits!stock is at resistance..........time to book profits....part if not full!
SHOPPERSTOP Multi year breakout with good volumeSHOPPERSTOP Multi year breakout with good volume
- Breakout on weekly and monthly chart
- Good volume
SHOPERSTOP NSE BULLISHVIEW ABOVE 570 CMP 603SHOPERSTOP NSE is bullish if 570 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
SHOPPERS STOP |TRADE IDEA | 17/01/2022All the reasons for the trade are explained in the image.
Happy trading
Shopper Stop - VCP breakoutThe script has broke out from the resistance, retraced and showing continuation from resistance turned support.
It has formed a VCP pattern as well. Tight candlesticks before breakout indicating supply absorption.
Looks good for a swing trade.
Only for educational purpose.
ShoperstopIt a weekly chart of shoperstop u can see on chart volume it's look like some one accumulated this stock 225 to 280 buy range side with weekly SL CLBS @214.
1st time sharing my view here if smoe point miss ya wrong then plz comments. Welcome ur view me not expert me ur little brother.
Shoperstopit's weekly chart of shoperstop and u can see on weekly chart volume just like some is going to accumulated this stock 230 to 280 buy range with SL 215 on weekly Clbs....
SHOPPER STOP - BULLISHLOOKING GOOD FOR BUY SIDE, AFTER A LONG CONSOLIDATION IN AN ASCENDING TRIANGLE, PROBABLY IT WILL GIVE GOOD MOVEMENT AFTER BREAKOUT.
YOU CAN USE YOUR BREAKOUT STRATEGY FOR THE BELOW TARGETS.
BULLISH ABOVE: 225
T1: 265 (18% GAIN)
T2: 320 (42% GAIN)
Breakout-Resistance on Weekly Charts and Might move up to 270 Breakout-Resistance on Weekly Charts and Might move up to 270
SHOPPERSTOP - ASCENDING TRIANGLE - Swing tradeThis analysis is done purely on basis of price action and chart patterns
Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target.
Stock is at good consolidation phase and it can be accumulated between the given range.
Entry Strategy as well as SL is given in the image itself.
Target levels are also mentioned in the image itself.
This is not a trade recommendation. Do your own study before entering into any trade.
Trade with your own risk & money management.
Feel Free to comment for any query or suggestion.
Shoppers stop LongFormed Ascending triangle pattern and volume is increasing. Can look for short term.
