CESC buy above 98Cup pattern brrakout
High volume on breakout
RSI shows strength and crossed 60
Stock is ready to break 52 week high
Target upside min. 30%
SL weekly breakout candle low or 8% whichever is close.
CESC trade ideas
CESC Ltd on Weekly TimeframePrice is moving in the same area from two years.
There's a strong resistance level in the range 91 - 96.
There's a possibility that price breaks this level in coming weeks , we can see volume is increasing.
Also price is above 200 EMA.
Don't haste wait for the breakout with big green candle .
FUNDAMENTALS :-
Pb ratio :- 1.05
Fy PE ratio :- 8.88
Revenue increasing in past three years.
CESC READY TO BREAK TRENDLYNE RESIST Ready to breakout the trendline and multiple resistance on monthly chart
Round Bottom Breakout (WEEKLY TF) - CESCPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
Needs to come out of ChannelWeekly chart analysis, needs to come out of channel. Bottom and tops are good point for entry and exit respectively.
cesc 1w time frame buy @ 74.90 target @ 82.50 , 84.50, 86.40 cesc 1w time frame buy @ 74.90 target @ 82.50 , 84.50, 86.40
triangle breakout
risk reward 1.5
its just a view trade at your own risk
sl@67.15
CESC is ready to breakout channel patternNSE:CESC is ready to break channel pattern in upside.
Technically volume levels are good as up move is with high volume and down move is with less volume.
Financials too looks good.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
CESC - Range bound in 65-95 for 15 monthsThis was after being up 3x from 20-65 in Jan-2021
Plan ahead, consider to Buy above 85
- and/ or Rejections near 65 or 50
PB 1x
PE 7x
DE 1.5
ROCE 11%
DivY 6%
CESCI bought CESC
1. Candle breaching 200 EMA
2. RSI has a bullish crossover
SL 75 for T1 85 & T2 95
Positional trades
Trend Following SystemIt's a simple bearish trend following system, going to meet with its supportive zone. "1Day" time fram is used here.
#trading #systemtrading #trendfollowing #tradingforlife
CESCBuy Entry @ 78
Target @ 111
Stop Loss @ 68
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best of luck..
Shakthi
CESC - Watch out for Trend line BOCESC - Watch out for Trend line BO
Levels are marked in chart
Please follow proper position sizing & risk management
CESC Long Entry My idea is to go long as there is a Double Bottom Structure in 1H timeframe. So I have targeted till the neckline of the structure as on 1d timeframe there was a 50-200 crossover which shows it to be bearish so I targeted as much as I thick it would be right.
CESC ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
CESCPrice have broke through the diagonal trendline and a crucial level which have act as support and resistance many times, having multiple touches. Go bullish on proper confirmation.
LONG -SWINGIts looks uptrend channel pattern
keep as Risk reward 1|2
Its only my own analyze and I'm not a SEBI registered.
Please Check with own analysis before take the trading.
CESC LTDPassed the below parameters, weekly Congestion, fib retracement golden zone broken, RSI above 60, increasing volume. Let's wait and watch this stock
cup and handle patternit gives cup and handle pattern breakout
Volumes looks good on bullish side
Rsi also crossing 60
Overall looks good for buying
Breakout, retest, move up from channel patternCESC has been trading in a choppy fashion, but the BO, retest and move up appears to be positive. Targets marked. Do your own research and take positions. This is an idea, not a recommendation.
