SWING IDEA - PCBL

By thepranam
Uppdaterad
PCBL is about to form a MACD Cross on the weekly charts. If the market favor this move and if it completes its crossover, the stock should easily be able to go all the way at least until its Swing High Levels.
Fundamentally speaking, the company has received a patent from the Indian Patent Office for its invention titled "hybrid carbon black grade comprising Graphene to improve performance of rubber compounds". This could further add as a factor to get this moving in the upward direction.
Handel aktiv
Kommentera
8% Profits done so far. Also, MACD has made a crossover too.
Trade seems to be going exactly as expected.
Could hit targets sooner than expected.
Keep a close eye.

snapshot
Trade stängt: målet nått
Trade Completed. Target Achieved.
Total 24% Profits booked.
Time Taken = 3 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

snapshot
Kommentera
Despite a weak market this week, stock has managed to still go upward and achieve close to 37% Profits from our Entry Zone. Congrats to those who are still holding on to the trade and booking higher profits.

snapshot
Kommentera
Positive News: Pcbl June-Quarter Consol Net Profit 1.18 Billion Rupees. CONSOL REVENUE FROM OPERATIONS 21.44 BILLION RUPEES
Trade stängt: målet nått
Total 52% Profits achieved from our Entry Zone. Congrats to those who are still holding on to this trade and booking higher profits.

snapshot
Trade stängt: målet nått
Achieved 83% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.
snapshot
bullishpatternbuyopportunityFundamental Analysisfundamental-analysismacdcrossoverMoving AveragesTechnical AnalysisTrend Analysis

Related publications

Frånsägelse av ansvar