Buy Waterbase above 129Waterbase Ltd. given a cup & handle breakout and will be on the move once it crosses 131. If it sustains above 129 and supported by volumes, it will go up to the levels of 150.
WATERBASE trade ideas
#WaterbaseA perfect channel movement, currently trading at the lower trendline. Risk to Reward ratio is mouthwatering. Could give a 30%+ return in short term. Keep an eye!
Waterbase - LongWaterbase CMP - 127.15
Looking bullish in higher time frame. However, it will go down for retracement. One can go for Short Term Trade setup with the following entry, exit & targets
Buy Range 121 - 124 / Stop Loss 106
Target 1 - 135
Target 2 - 245
Target 3 - 155
Disclaimer: This is my view and for educational purpose only.
WaterBase Weekend updateNSE:WATERBASE
WATERBASE Daily chart.
I have given strong Strong Supports and resistance (5th Wave staring)
Friend please analyse before taking any action do not depend on my analyse its just for education purpose only and follow the proper risk management and also share your ideas in comment section. If you like my Ideas please Like and Comment below.
ConsolidaingWaterbase is trying to break out but not being able to do so. Support is at 175 and target is at 218. If target is crossed on closing basis, expect 250 in intermediate term
Waterbase bearishWaterbase chart is bearish. Hope 8/1 support at 160 holds. If it can close above 188.50 the stock will turn bullish.
waterbase near supportCompany is virtually debt free.
- Promoter's stake has increased 61.1 vs 57.3
- Company has been maintaining a healthy dividend payout of 17.15%
