GANESHHOUC trade ideas
GANESH HOUSING CORP LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Ganesh housing on BOThis stock is on bullish run
simple triangular BO
If it bounce back and respect the pattern, 15% move can be expected
EMA are respected
Good RR ratio
GANESHHOUCbullish trend, pattern breakout, 52 week high breakout
if high breaks buy entry, sl low of the candle
target
1) 1.5x of sl
2) using ema 9, 2 red candle close, low of last red candle sl and if triggered exit.
Ganesh Housing (Daily time frame)Ganesh Housing chart analysis on daily time frame. Give your valuable feedback
Ganesh Housing Corp Ltd Strong Volume With Breakout Ganesh Housing Corp Ltd Strong Volume With Breakout
Stock Look Good Above 660-680
Target Near 780-850
Holding time Upto 3 month
Stop loss 550
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
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 GANESHHOUC
BUY TODAY SELL TOMORROW for 5%
A chart that is speaking for itself #GANESHHOUCGanesh Housing CP has given a 308 days breakout with amazing volume. Now the stock is resting and getting ready for another move. Have it in your watchlist. CMP- 440.55/-
Header and shoulder pattern Small but big things to happen when head and shoulders pattern in weakly chart go through day and monthly candle give great opportunity
No recommendation for buy or sell
Resistance breakoutPlease 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
GANESH HOUSING - ASCENDING TRIANGLE BREAKOUT📊 Script: GANESHHOUC (GANESH HOUSING CORPORATION LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY REALTY
📊 Sector: Realty
📊 Industry: Residential Commercial Projects
Key highlights:
📈 GANESHHOUC (GANESH HOUSING CORPORATION LIMITED) is giving Ascending Triangle Breakout.
📈 There is Crossover in MACD.
📈 There is also crossover in Double Moving Average.
📈 Stock is trading at upper band of BB and given breakout of upper band.
📈 Right now RSI is around 70.
🟢 Target 🎯🏆 - 365
⚠️ Stoploss ☠️🚫 - 319
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!
Very good Investment opportunity in Ganesh Housing Good Investment Pick as it broke 13 year high.
Targets are marked in the chart and Stop LOSS can be just below around 190 levels.
Ganesh Housing - Multi-year BreakoutMulti-year(14 years) breakout candidate. Box breakout with above all moving averages. Tight SL 210
Educational PurposeI am not SEBI approved
Ganesh Housing taking good support at regular intervals. This chart is only for education purpose. Please do your due diligence
GANESH HOUSING CORPORATIONGraph looking superb trend for short term investor. It is only for study purpose. Your own due diligence is required if you are going to invest in this stock
I am not SEBI registered investor.
Ganesh Housing - Meduim-Term; CBSL 123, Targets 170-180-190 Ganesh Housing Corporation Ltd
NSE Symbol: GANESHHOUC
CMP: 150.8, P/e: 10.05, P/Bv - 0.49, Mcap/sales: 1.02, Div. Yld: 1.38%, D/Eq: 0.90
One can look for buying opportunity in Ganesh Housing, with the Closing basis SL of 123 for the targets of 170-180-190
Key Technicals
* Good volumes
* Cup and Handle Break out
* Trend line break out
Key Fundamentals
* Fundamentally Good stock
* Valuation wise - Under valued compared to peers
* Financially Strong
