GILLETTE ATH / CUP BreakoutGILLETTE is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains.
Entry: Enter a long position at GILLETTE's ATH price + 4% (8,465.60)
Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price (6,772.50)
Targets:
First Target: 10,614.95 (Fibonacci 1.618 level)
Second Target: 12,144.75 (Fibonacci 2 level)
Third Target: 16,149.50 (Fibonacci 3 level)
Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1%
The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits.
The position sizing ensures that you are not risking more than you can afford to lose.
Disclaimer:
This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions.
Additional Notes:
Consider using technical indicators and chart patterns to refine your entry and exit points.
Monitor market conditions and adjust your strategy accordingly.
Practice risk management techniques to protect your capital.
Please let me know if you have any other questions.
GILLETTE
GILLETTE will break its previous highGillette is in the same price range of 2017-18 but it has given a net profit of more than 1643 crores and it is 29% down from its lifetime high. SO it is currently an undervalued stock. If it reaches lifetime high then a profit of 37% is made on the bet but it will surely break the lifetime high and make a new lifetime high. The company has significantly reduced its other costs and increasing it revenue and net profit. It is trading at a lower P/E ratio that its average 10 year P/E. It has a CWIP of 74 crores which means the company is looking for expansion. The company is debt free which makes it a safe share to buy and get huge gains.
GILLETTENSE:GILLETTE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
GILLETTE INDIA LTDA very simple chart with a breakout. Spotted a little late.
The quality of the stock talks more than its technical. The stock is bound to climb as its a consumption stock. Mostly everyone needs a shave almost everyday.
Time frame though can be a weeks to a month.
Targets are around the 6450 - 6530 mark. One can look for targets even beyond the targets mentioned in the longer term. It's an investment stock.
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Seems like Gillette India is gearing up for a potential big moveIt seems like Gillette India - ("The best a man can get") is gearing up for a potential big move. I am placing my bet on an upward breakout respecting the exiting long-term uptrend.
Entry above 6900 , Stop below 6300 (closing) for target of 9200
(Time frame 3 months) RR 3.83