CESC potential breakout Out of the base / Base on Base setup
High relative strength
VCP formation
Low risk entry
CESC
CESC - BREAKOUT STOCK TO BUY FOR SWING TRADINGSUPPLY ZONE & BREAKOUT STOCK
Breakout point - 150
ENTRY - 150
SL - 140
TARGETS - 180
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#SWANENERGY 291 Tgt 30% Upside Recommended BUY - Rachit Sethia$NSE:SWANENERFY
#SWANENERGY 291
TGT 375
SL 270
TF < 6M
RR > 4
RETURN 30%
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
CESC HEADING TOWARDS 154 ??cess is in tight range after a uptrend
stock is in good volume collection and getting it self ready for next move towards the 154 levels which is 13-14% from current levels
retest zone marked and all target and levels also on chart
CESC is ready to breakout channel patternNSE:CESC is ready to break channel pattern in upside.
Technically volume levels are good as up move is with high volume and down move is with less volume.
Financials too looks good.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
CESC - Range bound in 65-95 for 15 monthsThis was after being up 3x from 20-65 in Jan-2021
Plan ahead, consider to Buy above 85
- and/ or Rejections near 65 or 50
PB 1x
PE 7x
DE 1.5
ROCE 11%
DivY 6%
CESCI bought CESC
1. Candle breaching 200 EMA
2. RSI has a bullish crossover
SL 75 for T1 85 & T2 95
Positional trades
CESC ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
CESC LTDPassed the below parameters, weekly Congestion, fib retracement golden zone broken, RSI above 60, increasing volume. Let's wait and watch this stock
CESC LTD (Y21.P2.E1).Broadening wedge breakoutCESC LTD (Y21.P2.E1).Broadening wedge breakout
Hi Investors and traders,
I was looking to do some case studies for formations and trends for my online training and I came across this stock.
Hence while I was documenting from a TA perspective (chart below), I thought I also publish this and the potential opportunity based on the broadening wedge approach.
Its also for me to see where I get it right and wrong.
My thoughts:
Currently still some downward pressure;
Support at this level is strong for a number of factors; fib and pre existing TL.
If I was to trade this, I would be looking for a breakout from the resistance TL and depending on the level and candlestick, will decide my entrance.
If you benefit, all the better.
Please give me a tick or like for this post,
Regards,
S.SAri
Big Picture TA, a lot of it makes sense.
s3.tradingview.com
CESC - INVERTER HEAD AND SHOULDER PATTERNCESC closed exactly on resistance at 668 today and completed inverted Head and Shoulders pattern. Closing above 668 will give a good upside with an immediate target of 700-715 atleast.
CESC VenturesCMP - 225
Simple Chart with clean patterns i.e.Flow in a range and Breakout.
The last breakout had a good volume.
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