Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Exit With in 5 to 10 Days
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Thin k
SCHAND trade ideas
SCHAND IPO based strategyPaper Stocks Buzzing-National Education Policy In Focus:
NEP Implementation Underway+Pulp Paper Rising+Pre-order for packaging to start for festive season+Sustained demand from offices as WFH wanes off+FYI Paper stock prices still at elevated levels. Q2 may be mixed.
Incorporated in 1970 and listed in 2016, S Chand & Company is principally engaged in publishing educational books with products ranging from school books, higher academic books, competition and reference books, technical and professional books, and children's books. The company provides its products and services in printed as well as digital forms.
Now comapny has started earning profit.
Triangle Pattern Breakout (Weekly TF) - SCHANDPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
targeted breakout all ready chart noted for the target
no recommendation for buy and sell.
Incorporated in 1970 and listed in 2016, S Chand & Company is principally engaged in publishing educational books with products ranging from school books, higher academic books, competition and reference books, technical and professional books, and children's books. The company provides its products and services in printed as well as digital forms.
fundamentally good stock
Necklace Pattern Trading - "S Chand & Company"This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.
SCHAND triple bottom breakout with volumeCMP 214.60
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Near 52 Week High
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Highest Recovery from 52 Week Low
*Not recommendation. Do your due diligence
S. Chand Group is an Indian publishing and education services companies, founded in 1939 and based in New Delhi. The publishing house prints books for primary, secondary and higher education sectors. It was the first company in India to get the ISO 9001:2000 certification