Details are explained in the chart. 1) Stock is in strong uptrend 2) Stock has given a daily breakout of 2 years of consolidation 3) Stock broke out of out of cup and handle pattern 4) Narrow Range Pivots in yearly & Monthly.
Exploring the technical landscape, our focus shifts to Eid Parry India - a stalwart in the agribusiness sector. Let's delve into the pivotal factors shaping this enticing scenario. Reasons are listed below : Eid Parry India has revisited the critical level of 630, marking its all-time high, and is now positioned to potentially break through this significant...
Take long position once its break All time high. already sugar stocks posting good results this quarter
E.I.D. Parry (India) Ltd. is engaged in the business of Sugar and Nutraceuticals. The company is amongst the leading sugar manufacturers in India, E.I.D. Parry’s 9 sugar plants are spread across South India. It is also a part of the INR 369 Billion Murugappa Group, one of India’s leading business conglomerate. E.I.D. Parry (India) CMP is 480.70. Negative aspects...
As per my analysis NSE:EIDPARRY has been a bullish breakout on 4 hours range consolidation. Re-test level of 463-465 could be best buy opportunity with stop loss of 453 (-10 or 12 points risk). My expected upside target would be 474 (+11), 481 (+18) & 497 (+34). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
EIDPARRY consider taking a long entry on this trade once its closing price is above the trendline.
Eidparry view for today Ascending channel continuation expecting in Eidparry Please follow strict risk reward and stop loss Thanks, V Trade Point
Descending channel breakout expectation in EIDPARRY EIDPARRY INDIA LEVEL FOR TOMORROW.... Follow strict risk reward and stop loss... Consider charts for educational purposes..
As per my analysis, NSE:EIDPARRY best buy level is 594 with stop loss of 580 (-14 Points). My expected target will be 603 & 626. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
#AVADHSUGAR NSE:AVADHSUGAR CMP: 544 TP: 684 SL: 494 TF: <6m RR > 2.8 times Return 25% 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...
#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...
#MAWANASUG NSE:MAWANASUG CMP: 99 TP: 135 SL: 80 TF: <6m RR > 1.8 times Return 36% 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...
#RANASUG NSE: RANASUG CMP: 24.30 TARGET: 30+ SL: 22 RR: >6 times Return > 26% Timeframe: <9M #RANASUG #MAWANASUG #KCPSUGIND #RAJSREESUG #UTTAMSUGAR #AVADHSUG NSE: RANASUG NSE: MAWANASUG NSE: KCPSUGIND NSE: RAJSHREESUG NSE: UTTAMSUGAR NSE: AVADHSUGAR NSE:DALMIASUG NSE:DWARKESH NSE: RENUKA CAN BREAK ALL-TIME HIGH IN FUTURE Factors: BULLISH WEDGE BREAKOUT Trend...
EIDPARRY has been consilidating in from lomg time. Today, it has finally given breakout of this consolidation.it cna easily move 5-10% from here. Support is 540 DCB.
EID Parry CMP 544. Fresh entry / compounding can be done in EID Parry after closing over 550. Targets for EID Parry Will be: 576 and long term target 620.Trailing stop loss to be maintained at closing below 450. Ethanol and Sugar Trend will continue for a while. Though there will be volatility and traffic will not be one way but the theme should continue for some time.
Above 550 EID Parry will blast. HnS formation is also there in the charts.
Buy EID PARRY abv 534-535 on CLBS Medium term target will be 580/600/620
EIDPARRY BREAKING OUT OF PENNANT PATTERN PULLBACK TO THE EARLIER BREAKOUT IS SEEMS TO BE OVER