STHPT trade ideas
Key Support / Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
"SPIC Ltd Ready for a Major Bullish Breakout – High Growth PotenSPIC Ltd is flashing strong bullish signals on the 1D timeframe, hinting at an upcoming breakout. This stock is primed for a significant uptrend, making it a top candidate for traders seeking substantial gains in the coming weeks. Don’t miss out on this high-potential opportunity—SPIC Ltd could be your next big win in the market! Keep it on your watchlist for a strategic entry.
FOR LONG TERM SPIC LTD (Southern Petrochemicals Industries Corporation Ltd)
LOOKING GOOD FOR INVESTMENT PROSPECTIVE
BUYING RANGE- CMP
VIEW ONLY EDUCATIONAL PROSPECTIVE
FUNDAMENTALY COMPANY IS GOOD
ABOUT
Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer
Product Portfolio
The product offerings of the Co. include Primary nutrients, Secondary Nutrients, Water Soluble Fertilisers, Organic Fertilisers, Non-edible deoiled Cake Fertilisers, Bio Pesticides among other agricultural products.
Disclaimer:
I am not a SEBI Registered Analyst.
Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any
decision or trade.
Swing Trading - Concept of Accumulation and Distribution Following stocks have been discussed in the video
1. HG Infra
2. NFL
3. SPIC
Accumulation - Is always found on downside and any breakout may give 8-14% returns in short trade
Distribution - Is always found on top from where the price may reverse to downside
This video is made only for educational purpose. Do your own study before taking any trades.
SPIC (Swing):Southern Petrochemicals Industries Corporation (Swing):
A 30-60% up move is on the cards for swing.
Keep adding in chunks while script breaks the over head resistance at 70-75 or checks the demand zone.
Appropriate support, supply/demand zone, resistance and targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
6 MONTH HOLD FOR 100% RETURNSSpic this company was trading in a range
it was just moved 100% from its 2000 levels means from 20 years stock was not perform well but now look at the eps it suddenly goes up
if market conditions remain same then this stock will give you good amount of returns in coming days....
one can hold it with TG OF 160
and SL of 60
IF YOU WANT TO EARN THEN YOU HAVE TO TAKE RISK
THE TIME WHEN OTHERS FEARS YOU TO HAVE TO TAKE YOUR CALL.
NOTE THAT I'M NOT AN FINANCIAL ADVISOR THIS ARE ONLY MY OPINION AND THIS WHICH I'M DOOING