short term swing trade ideagood above levels for quick 5 to 7 % move. its a swing trade idea. stop loss last swing low
STEL trade ideas
STELNSE:STEL
Breakout Flag & pole
Rsi is above 60
Note-This is just an idea not a Buy/Sell Recommendation.I am not responsible for your Loss/Profit.
Weekly Inside BarsThis chart formed 3 Back 2 Back inside bar candlestic pattern near it's resistance with volume dry up , it can give a good momentum when the pattern breakes.
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
STEL Holdings Ltd *STEL Holdings Ltd*
RB Formation on Monthly Basis.
Price BreakOut. Should Sustain.
Then Good to Go!
Vol. BuiltUp. Should Continue.
STEL Is Holding Company of RPG Group. (CEAT, CESC, KEC International, RPG Life Sciences, Phillip Carbon Black, etc.)
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
STEL HOLDINGS LTDSTEL HOLDINGS LTD (1D)
CMP 173.55
Breakout of Cup and Handle pattern
Closing within 52 week High Zone
Higher Trade & Delivery Quantity
Might see uptrend from here
Keep quantity low
Stel HoldingsLooks good in all the major timeframes and has given a BO of both gann box and trendline
Here are the Cos they hold:
CEAT
Phillips Carbon Black
KEC International
Spencer's Retail
CESC
CFL Capital Financial Services
RPSG Ventures
RPG Life Sciences
Summit Securities
SAREGAMA
STEL target 160before march lastweek 2023
stel going on a consolidation now
starts to move up - very slowly
be patient
stop loss 110
STEL holdingsTrade setup:
Weekly & daily: crossed long-term trendline (red line) & resistance (blue box) with volume and bullish candle. 50EMA >200EMA as well. Weekly closing was above psychological resistance of 100 INR.
Company key take aways (fundamentally):
1. Company is 100% debt free.
2. The main source of income for the company is by the way of dividends.
3. Company has a profit growth of 62% over the period of 3 years.
4. Company has a profit growth of 29% over the period of 5 years.
5. Operating cost of the company is extremely low as a result Operating Profit Margin of the company is more than 85%.
6. Company has reserves and surplus of 624 Crore rupees.100% debt free.
Buy Price = CMP = 100 INR
SL = below swing low of 71 INR or below 200EMA on daily chart based on your risk apetite.
Target: T1 = 107 INR, T2 = ATH ie; 149 INR
disclosure: not invested
STEL HOLDINGSThis one can be a long for target of 112, 115, 120 with stop loss of 95
************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
STEL Long - Breakout on Volumemore than 2 months consolidation breakout with volume. Keep SL of 48.7. Invest on your risk in small cap.
