PRINCEPIPE GIVES BRAKEOUT ON DAILY CHARTNSE:PRINCEPIPE
I am buying this stock
Near 685
And follow sl on 605
My target will be 840
My risk reward ratio is 1:2
Return on capital 20%
PRINCEPIPE
VENUSPIPES 1395 TGT1800(30%) SL1200 Recommend Buy- Rachit Sethia NSE:VENUSPIPES
VENUSPIPES 1395
TGT 1825
SL 1200
TF <6m
Return 30%
RR > 2.12
Recommended buy.
Can hold for longer term.
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By Rachit Sethia
Prince Pipe above 760 level Breakout tradeprince pipe is ready to breakout from the resistance of 2 year.
above 760 its targets are open marked on charts
a debt free company doing its extension also good for long term
PRINCR PIES, RSI SUPPORTmy support got supported by today's price action.
already that support was previously was supported to times.
this was a bear trap. and now the stock is ready to give a range breakout!
have a look at the increasing volume too.
RSI IS SHOWING A FALLING WEDGE PATTERN!
great time to enter!!
#Princepipe #PRINCEPIPE - Today Holding above 676 is good but above 699-703 will be breakouts after susten then use own sl for ride ..!!
educational purpose only
PRINCEPIPE - Bull Flag Breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Feel Free to connect with me on any of my handles for any query or suggestion regarding this stock or Price Action Analysis.
Prince pipes fittingSee this retracement , such patterns are a symbol of another breakout, it's just like pulling your arrow back before shooting.
I am sure most of you would have not even heard of this but this stock is on steroids with decent volume. Keep an eye.
Simple price action, no jazz.
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Breakout Trade- PRINCEPIPEPRINCEPIPE ( Weekly TF)
Breakout Trade
Volume Surge
Trend continuation
Mcap- 5705
