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PRINCE PIPES FITTINGS LTD
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2023年8月6日
Prince Pipes Fittings Swing Opportunity
6
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302
A rounding base (saucer bottom) has formed in which a reverse H&S pattern is clearly identifiable.
As per the chart pattern, it's technical target is near it's ATH at 897 which seems achievable in the short term.
Good to buy at CMP for a target of 897 with SL below 635 (35.6% ROI with 8.9:1 R:R)
For best results, buy while the breakout is happening with huge volume above the white trendline resistance drawn for reference.
Sometimes I draw trendlines on line chart to ignore the wicks of candlesticks for better R:R and that's a personal preference.
Stock is good for long term as well, it can go around 1300 levels.
A good 95% upside potential.
As always, do your own due diligence before taking any action.
Peace!!
Swastik24
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Beyond Technical Analysis
Chart Patterns
princepipes
princepipesbuy
princepipeschartpattern
princepipeslong
Trend Analysis
Swastik24
關注
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
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閱讀更多資訊。