PRESTIGE trade ideas
Prestige estate Darvas box , Flag & Pole breakoutHi All,
One of the looked up sector to invest in Indian market is the real estate sector. One of the leaders in this segment is Prestige estate. Real estate sector is on revival after almost 10-15 years in India. Fundamentally topline and bottom line is improving and will continue in time as the expectations.
Technically, the chart was in range bound move for last 2 years and now attempting a breakout on the first day of the week . This can be considered a bit early entry because the volumes say everything on charts.
Also when we look at last 5 years, we see a formation of flag and pole which is a bullish pattern.
based on Fibonacci levels and range box height the script can show levels of 650 800 first.
Once these levels are seen , we will further evaluate the company.
The risk reward is favourable where stop loss can be anywhere below 440 levels on weekly closing basis.
Note: the chart shared here is having logarithmic scale and candle is weekly time framed.
***As we have strict guidelines, the shared idea is just for learning on how to read & analyse charts and not recommendations of any sorts. Take it with pinch of salt :) ***
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Happy trading !
PRESTIGENSE:PRESTIGE
LIFE TIME BO!!!!!!!!!!!!!!!!!!!!!!!!!!!
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
PRESTIGENSE:PRESTIGE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Prestige Estates-Nice breakoutPrestige Estates-Nice breakout.
Capital to be deployed- 20k
Price -565
Stoploss-511
Targets -678/942
#prestigeestates #nifty50 #NiftyBank #investment #StockMarket #StocksToBuy
PRESTIGE ESTATES (W)- BREAKOUT STOCKSA Breakout of Rectangle zone is Clearly seen.
Some upside quick gains can be there.
#breakoutstocks
Range 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
PRESTIGENSE:PRESTIGE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
BULLISH SETUP IN PRESTIGEFalling TL breakout on daily time frame
prestige estates looks good for 15% upside
sector also showing strength
PRESTIGENSE:PRESTIGE
ote :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
PERSTIGE - BULLISH ENGULFING 📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100
📊 Sector: Realty
📊 Industry: Residential Commercial Projects
Key highlights: 💡⚡
📈 Script is trading at middle band of BB and taking support of middle band which is SMA20.
📈 Already crossover in MACD.
📈 Already Crossover in Double Moving Averages.
📈 Double candlestick pattern BULLISH ENGULFING seen which indicate Bullishness in stock.
📈 Right now RSI is around 56.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 455
🟢 Target 🎯🏆 - 517
⚠️ Stoploss ☠️🚫 - 428
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
prestigeEducational purpose only
prestige #PRESTIGE
prestige #PRESTIGE
prestige #PRESTIGE
prestige #PRESTIGE
Prestige EstatesNice pattern.
Taken all moving average supports.
Tomorrow if close above 480 then on Monday a possible buy for a 10% + move minimum with SL 438 - 440 levels
Elliott oscillator should be green by close tomorrow.
Prestige channel.Looks like Prestige is following the existing channel very well and looks will gradually touch upper band of channel which comes around 600.
PRESTIGE ESTATES - Mean reversionPRESTIGE ESTATES - Mean reversion set up
One can go long with a strict SL of 200 ema.
Prestige Estates BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
