SYMPHONY FOR ONE MONTHWe can expect 10 to 15% return... It's holding time ll be only one month...Stock reached at demand zone...
SYMPHONY trade ideas
Review and plan for 17th October 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
Positional trading ideas included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
SWING IDEA - SYMPHONYSuccessfully retested support @ 872
Ready to go all the way till 1100 in the coming weeks
Symphony ltd chart analysisSymphony ltd chart analysis on daily time frame. This looks like a breakout but one can wait for retest.
SYMPHONY - No returns in 9 Years🎯 The chart is self-explanatory as always.
🎯 The stock has appreciated NIL since 2015
🎯 The support zone has been standing since 2015
🎯 Investing Just because you know the brand is a grave mistake
🎯 This is why Diversification is critical
What do you think of this price action? Comment below...
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
"U" Shape Pattern.* At Support level multiple times, and breakout made after 5 Year consolidation Trend Line. June-20 To April-24
* 5 Year Consolidation touched on resistance multiple times trend line Year May-19 TO May-24
* Expected To reach at the next level. Price level - 2211
SYMPHONYSymphony above 1230 towards next high of 1360 and 1400++
The same can be seen in charts as well.
Stock is facing resistance multiple times at that level, above that it can show a good moemtum.
Long term bet- SymphonyLong term breakout above trendline. Small position above horizontal line due to immediate overhead resistance. Trand change confirmation above 1250
Symphony: Double bottom breakoutNSE:SYMPHONY has confirmed a breakout from the double bottom pattern. The breakout candle solidifies this move. The target is calculated by adding the height from the bottom to the neckline. Maintain a stop loss just below the neckline to manage risk effectively and protect against potential reversals.
SYMPHONY: DOUBLE BOTTOMNSE:SYMPHONY is currently forming a double bottom pattern, which indicates a potential bullish reversal.
This pattern typically suggests that the stock has found strong support at the bottom levels and may be preparing for an upward movement. However, traders should exercise caution and consider entering a trade only after a confirmed breakout above the neckline, ensuring the pattern's validity.
The target price can be calculated by measuring the height from the double bottom's lowest point to the neckline and then adding this distance above the neckline. This method provides a projected target for the anticipated upward trend.
Symphony- Nice BreakoutSymphony- Nice Breakout
Capital to be deployed- 20k
Investing Price -1100-1120
Breakout Price -1092
Stoploss -973
Targets -1313-1771
#symphony #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTrade
Symphony for long termCompany made 52 weeks high with good volumes, looking very bullish on weekly and monthly time frame. High Management efficiency with strong financial performance make this company attractive to investors, Industry leader in their Segments. Looking good for long term.
Note. Please consult your financial advisor before making any investments.
SymphonyRising from long term support area. Volume is very good on last couple of candles. Stoploss is quite wide. Also, it may test your patience before giving the decisive move.
Disclaimer: Intended for educational purpose only and it's not a buy or sell recommendation.
Symphony high potential breakout candidate Forming good base before it gets launched. This chart pattern higher probability with better risk reward ratio.. Recent quarterly results are also support this view.. every dip is buying opportunity
SYMPHONYSYMPHONY The Symphony Chart create a long term pollen flip chart pattern these are 10 year range breakout the range breakout the stocks are moved easily 1800+ TO 5000+ TGT TIME HORIZON IN 2 TO 3 YEAR MEET THE TARGET
MARKET'S UPDATE'S
Symphony trying to gain rhythm and harmonySymphony Ltd. CMP – 899
Market Capitalization Rs 6,199.2Cr
Red Flags:🟥
High Valuation (P.E. = 54.4)
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net profit
Improving cash from operations annual
New Happy Candles Number – 60/100
Fresh Entry/ averaging / compounding after closing above 915
Targets: 925 and 940
Long term target: 961
Stop loss: Closing below 825
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
symphoneysymphoney , in multiyear consolidation, good to buy at cmp , short term 950, however you have to hold it untill breakout comes, that may take few weeks to some months, after breakout 2100 possible
SYMPHONY a good buy for 44% and 89% returnsSymphony is a big player in air cooler segment and the company is showing a buy signal under range bound trading strategy where the stock covers a range of price set it has covered multiple times in the past.
Buying level- 875
CMP- 885 (close to buying level)
Target price 1- 1216
Target price 2- 1593
Hope you understood.
Thank you for reading.
Have a happy trading and investing experience
SYMPHONY: SEASONAL STOCKNSE:SYMPHONY is a seasonal stock which means it has its lows in the months of Oct-Dec and highs in the months of march-May. One can buy and hold for 6 months for the given target and with a strict stop loss to be followed.
#SYMPHONY #BAJAJELEC #CROMPTON #PGEL #WHIRLPOOL #IFBIND #NIFTY50#SYMPHONY
NSE:SYMPHONY
CMP: 929.20
TP: 1090 // 1175
SL: 868
TF: <6m
RR > ~2.6 times
Return > ~17%
SYMPHONY
BAJAJELEC BUTTERFLY CGPOWER CROMPTON PGEL WHIRLPOOL IFBIND STOVEKRAFT TTKPRESTIGE
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
