Trade Idea in INDOSTARHere we can see a Swing trade Idea in NSE:INDOSTAR
BUY INDOSTAR
CMP 243
TP 268
SL 222
Indostar Capital Finance Ltd. engages in the provision of lending used and new commercial vehicles. It operates through the following segments: Corporate Lending, Small and Medium Enterprises Lending, Commercial Vehicle Lending, and Housing Finance. The company was founded by Atul Kapur and Sameer Sushil Sain in July 21, 2009 and is headquartered in Mumbai, India.
INDOSTAR trade ideas
INDOSTARStock name = IndoStar Capital Finance Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
IndostarStock name = Indostar Capital Finance Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
indostar cap finafter listed this stock is continue making low and downtrend. it's 4 years of downtrend.
and now created inverted head and shoulder in weekly timeframe. and also i think now it created a base so maybe move possible in coming months...this stock is not short term stock.
and it's fundamentally not good stock.
Note: never buying after my analysis do you own analysis.
BUY INDOSTAR PRICE @ 160 41% ROI EXPECTED
Buy1 cmp entry @160
Target 1 @222
ROI 1 @41
Buy2 Pending entry @129
Target 2 @222
ROI 2 @71
Our Unique Features
—————————————————————
1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs Reward up to 25.
Note Please leave comments for any query.
Disclaimer This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
PRABHUMAYAKANNAN