ZUARIIND trade ideas
ZUARIIND - Ascending Triangle patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
#ZUARIIND multiyear breakoutretesting its 2017 price.
price is above 9, 21, 55 EMAs.
55 days RS (NIFTY) is above 0.
may look for up move
ZUARIIND - Long Setup, Move is ON.......Stock name = Zuari Industries Limited.
✅#ZUARIIND trading above Resistance of 250
✅Next Resistance is at 350
✅Moved 25% in 35 days
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.
ZUARIIND - Weekly Chart Analysis, Cmp-235.95Coming out of base and sustaining above the down trend marks the end of the down trend.
Volumes have been coming in also indicate smart money footprint.
It is trading above all ot key moving averages.
276-320 levels are the immediate resistance/supply zone which can be tested.
184 level shall now act as a support now and weekly close and follow through would negate our view.
Over the long term 350 - 415 - 610 are the levels it can test once it close and sustains above 320.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
ZUARI INDUSTRIES LTDThis stock gave good breakout with huge volume and stock gave good opportunity foe swing trade SL below 200 and this is only for educational purpose only
ZUARI INDUSTRIESBreakout with huge volume on monthly TF, crossed weak zone and resistance. Bull rally expected soon.
zuari industries 1w time frame buy@ 159 target 182, 186, 193.30zuari industries 1w time frame
buy@ 159 target 182, 186, 193.30
risk reward 1.5
ascending breakout
sl@138
ZuariindStock name = Zuari Industries 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.
💥Zuari Industries💥-Nice Breakout💥Zuari Industries💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-200-205
Breakout Price-200
Stoploss-162
Targets-262-377-865
RT for max reach
#zuariind #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
zuari#chemicals and #fertilizer stocks are picking up momentum. zuari giving trianle breakout on weekly frame with volume
#ZUARIIND #RENUKA #EIDPARRY #RAJSREESUG #KCPSUGIND #UGARSUG #ETH
#ZUARIIND
NSE:ZUARIIND
CMP: 150
TP: 190
SL: 134
TF: <6m
RR > 2.8 times
Return 28%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Break and retest of levelHere is a simple price action strategy anyone can trade on almost any time frame.
This forex breakout strategy is based upon a simple price action formation called the Breakout-Retest formation.
The key element involves price breaking a major high or low with a very impulsive move. The impulsive move suggests commitment from the institutions pushing price and the fact its occurring at a significant high/low adds weight to the move and price action around it.
