COFFEEDAY: Head and shoulder Targets mentioned on chart
Disclaimer:- Please always consult with your financial advisor or do your analysis before taking trade
COFFEEDAY trade ideas
COFFEEDAY ANALYSISStock has formed a base at 25 and 50 level acts as a strong support
Resistance levels 74 and 87
CLose above 87 will take the stock to 200
Stock can be accumulated above 50.
Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.
COFFEED looking bullishCOFFEED has been forming a cup pattern or rounding the bottom with higher highs and higher lows.
You can observe buying volume in the last few sessions.
The daily and weekly RSI are above 60, and the monthly is nearing 60. This indicates a potential upside move.
It is trading near its neckline. If it breaks the trend line and retraces near it, it would be an entry point and can enter the trade for risk to reward ratio 1:3.
Buy Coffee Day Enterprises LtdCoffee Day Enterprises Ltd. which runs cafe chain with brand name Cafe coffee day is trading at a current price of 53.2 rupees but it's book value is 146. Its around 2.744 times book value. The company is running and generating profit even after the death of its founder years back. It shows that the management of the company is keen to take the company to new heights.
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BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in COFFEEDAY
BUY TODAY SELL TOMORROW for 5%
Coffeday monthly and weekly breakout In chart first go to monthly candle and see trendline is breakout and also in wkly candle it breaks trendline . All things mentioned in chart just study the chart not any recommendations for buy and sell . Pure learning purpose.
Bullish Accumulation in Coffee DayBullish Accumulation in Coffee Day
Target 86 Short term. 151 Midterm, long term 410
Higher HIgh Formation
Channel Breakout - COFFEEDAY ENTERPRISESPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Have a coffeeeCoffee day dramatic change in debt reduction and the way business moving forward.
Buy this stock cmp 60 for medium term target 160 long term target 375.
Good momentum and volume in CCD, up towards 75+In weekly timeframe, having trendline resistance around 77 ( where as monthly club is around 71) forming possible Cup and handle pattern with good volumes ...(last few sessions volumes shows strength)..
If it continues the strength then next targets would be 75, 100+ in 6 months.
Note: This is just educational purpose and not for recommendations at all.
COFFeeday seems breaking out fallign wedgeI would like to add on this breakout of fallign wedge once cross last swing high of 4hr time frame. :)
RSI taken support from 4hr time frame
Falling wedge already broke just swing low to be break
COFFEEDAY CAHRT Support and resistance of coffeeday inda stock you can buy above the Red support line and short below the Red support line
Cafe Coffee day emerging Inverse HSCafe Coffee day emerging Inverse HS... something is cooking in this stock ... inverse HS emerging
