ZUARI CMP 257.Zuari currently trading at 52 week high.On monthly candle chart showing strong bullish moment with Upper bollinger band breakout.Last some candles volumes are very strong.If tou study chart you can see VCP Pattern also.Add this to your wachlist and find your entry exit area.All moving averages are Bullish.Risk Reward is best. See how it perform in coming days.Thanks for support.
ZUARI trade ideas
ZUARI- AnalysisBullish Levels -Day closing above 182 or safe 212
Long term expected targets :- 233, 260, 290, 347 then 404 to 432 above this more bullish 461, 518, 574 or 602 then hold
Bearish Level - Below 151 then 117 then 89
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BUY TODAY SELL TOMORROW for 5DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ZUARI
BUY TODAY SELL TOMORROW for 5%
A turn around story is in makingOn monthly it made a base after a big correction, Now started marching up with a decent volume support. Upcoming election and budget (possibly good for agriculture stocks). A pledge issue is there but sector tailwind will support it. Nearest resistance 216 then 311. Entry with SL at 180 can be good.
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ZUARI
BUY TODAY SELL TOMORROW for 5%
ZUARI AGRO CHEMICALSHello and welcome to this analysis
On daily time frame it is forming a Bullish Harmonic Gartley that has its potential reversal zone between 148-143.
Accumulate in that zone with 135 as stop loss for upside potential targets of 170/190 and ATH
Good risk reward set up from medium term prospective.
ZUARI AGRO - KINDLY HOLD I was expecting breakout but due to poor results it didnt work out but structure is still positive...
I have averaged at 161 and looks like it is about to reverse...
Markets looks forward expecting better results in coming quarters...
Reason was BAD quarter one of the subsidiary Mangalore Chemical and Fertilizer was SHUTDOWN in Q2 due to plant upgrade and raw material issue....
STOPLOSS for all positions is close below 154 zones
ZUARI AGRO - LONGZuari Agro is breaking out and see good move above 173 175 zones...
220 is immediate target and can do 300 in medium term.
The company has recently sold it loss making entity at 1100 CR. They will develerage the Balance Sheet and make is stronger. The Company is on turnaround path.
Long term can do 400 600 also.
ZUARI BULLISH BUTTERFLY&CHANEEL PATTERNHello
Welcome to this analysis about ZUARI , we are looking at daily timeframe perspectives. ZUARI is developing here that will be a decisive factor in the upcoming times. I discovered the main formation ZUARI is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how ZUARI has emerged with this key channel pattern & Butterfly harmonic pattern marked in my chart with boundaries. which is an important level and also psychological level mark together with the lower-boundary of the channel-formation a pullback
In this manner, thank you for watching my update-analysis about ZUARI and its major channel-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!