Salzer Electronics Ltd - 23.03.2023Salzer Electronics Ltd - 23.03.2023
The Prices are below EMA in weekly chart
The immediate resistance zone is 261
one can initiate a long position at current levels (253.50) with support @ 239 for further upside price movements.
stochastic is ticking up in weekly charts
watch out for the price action
SALZERELEC
#CROMPTON #SYMPHONY #BAJAJELEC #PGEL #WHIRLPOOL #IFBIND #NIFTY50#CROMPTON
NSE:CROMPTON
CMP: 344.45
TP: 385
SL: 330
TF: <6m
RR > 3times
Return > ~12 %
NSE:CROMPTON
SYMPHONY
BAJAJELEC CGPOWER PGEL WHIRLPOOL IFBIND STOVEKRAFT NSE:TTKPRESTIG NSE:BUTTERFLY NSE:SALZERELEC
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. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#SALZERELEC #NIFTY #BANKNIFTY #MUHURATTRADING #MUHURAT #RELIANCESalzer Electronics Ltd.
NSE:SALZERELEC
NSE:SALZERELEC
CMP: 180.55
Target 1: 210
Time frame: <2months
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.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia