ELGIEQUIP : Breakout Soon#ELGIEQUIP #breakoutstock #swingtrade #trendingstock
ELGIEQUIP : Swing Trade
>> Breakout candidate
>> Trending changing happening
>> Good strength & Volume
>> Risk Reward Favorable
Swing Traders can lock profit at 10% and keep trailing
Pls Boost, Comment & Follow for more analysis
Disc : Charts shared are for Learning purpose not a Trade Recommendation, Take postions only after consulting your Financial Advisor or a SEBI Registered Advisor.
Elgiequipment
ELGI EQUIPMENTSStock has shown reversal from 9 day ema several times and has shown good move,
The same move can be seen now as well.
Stock taken support at 460 level multiple times .
From here it can show good upmove and head towards 550-600 levels.
Stock has also broken from falling trendline in short term.
It has high beta and good volatility
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: LAW OF POLARITY
📌 Symbol/Asset: ELGIEQUIPMENT
🔍 Description: Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.