Weekly Looks good for investment Chart patterns have behaved the way big hand want, retail players stop was hunted few week back. Finally now trying north ward. Fundamentally progressive. Pls do your own deligence. As always risk as per plan.
PRITI trade ideas
Priti International LtdPriti International Ltd
SOON 20%
Priti International Ltd is an Indian furniture & lifestyle brand that offers interior collections for homes.
The company manufactures 750+ products including
1 Living Room Furniture: Sofas, coffee tables, Side Boards, etc.
2 Bedroom Furniture: Beds, Cabinets, etc.
3 Dining Room Furniture: Dining tables, chairs, sideboards, etc.
4 Office Furniture: Desks, chairs, filing cabinets, etc.
5 Custom Furniture:
Priti International PositionalPositional Trade
Priti International At CMP
Target 306-357-408 points from entry
Hold a few Weeks
Please consult your financial advisor before investing
All research is for educational purposes only.
Stock is ready to cross past barriers in daily, Daily time frames.
PritiStock name = Priti International 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.
Wyckoff Model on Priti InternationalThe Wyckoff Model, developed by Richard D. Wyckoff, is a methodology used in technical analysis of financial markets. It focuses on understanding the intentions of large institutional investors and seeks to identify potential market trends before they occur. The model involves analyzing price and volume to determine the phases of accumulation, markup, distribution, and markdown in the market.
Priti International: SwingPriti International: Swing
Price is reacting at the channel resistance.
One shall enter a long position above 154.
SL is placed below 135.
Risk Reward Ratio is more than 1:2.
And target is placed around the previous swing high.
Note: Never run your profitable trades to turn losers. Trail your profits.
