MIDEUM TERM BULLISHBUY @ CURRENT PRICE. Rs. 3171
Target - 4600 - 5400
Time Period - 6-8 Months
Stop Loss 2510.
ALKYLAMINE trade ideas
ALKYL AMINES looks good at CMP--2949stock appears to have completed the 4th wave correction of primary cycle....
right now in the second wave decline of the 5th wave .......taking support at the 61.8% and upper median of white pitchfork.....
ALKYL AMINES, TRADING AT MA100!!1. MA 100 is giving a very good support for alkyl.
2. one thing to note is it is forming a cup and a handle pattern, with the neckline drawn.
3. the stock has not given any returns, from past 6 months.
4. on 1st of august, the stock broke the trend line, to give a breakout, but it was not much effective, and from that period the stock is in a range.
5. have a look on MACD, there's no big bars as much
RESISTANCE LEVELS ARE DRAWN, ONE CAN AIM FOR THE STOCK TO GO UPSIDE ALL OVER TILL 4382
Alkylamines - Swig Trade - Watch out for Trend line BOLevels are mentioned in chart
Please follow position sizing & risk management
ALKYLAMINES bullish move expectedCurrently around a good support level or we can say a strong demand zone. We can see some movement in this stock for upside and it can break the chart pattern.
ALKYLAMINE is ready to buy for positional trade.Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
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Fib indicate reversal in Alkyl amineAfter hitting Fib retracement of .618 it has reversed. Go for long with Stop Loss below 3100 and target of first 3450 Mid term target of 3780
Alkyl Amines Chemicals LimitedBroken Downward channel with good volume
Now trading above 200 EMA on daily TF
Major Support 3000 from where it bounced backmany times
Buy near 3550
Average out more near 3366
SL 3250 and TGT 3982 - 4186 - 4395
please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before invest
Alkyl Amines Chemicals LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
ALKYLAMINE ready for a bullish breakoutBroke the secondary bearish trend line, wait for the retest and confirmation..
ALKYLAMINE 1) Wedge pattern breakout happen on end of previous month, retesting its previous breakout
2) Nearby horizontal support level at 3894
3) Average volume seen in past six candles
4) Broke the previous swing high
I have placed GTT order @ 4150. If GTT not triggered on tomorrow, will move trigger price to 3990 (3.86 %)
REWARD: 12%
RISK: 7%
ALKYL AMINES LONGLong this stock
Tp1 for 2 week
Tp2 for 4 to 5 week
Technical views
This stock is near support
RSI positive
MACD line crossing signal line above zero line, this is strong signal for bullish.
This stock outperforming benchmark index and sectorial index.
43.3% daily delivery date 30-8-21.
43.3% weekly delivery.
46.00% August month delivery.
Rate of change positive.
ADX range bound.
Alkyl Amines Chemicals LtdThis chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
ALKYLAMINETrend: UP trend and have a good buyer demand
Consolidation: We have a good consolidation from 2nd Jun 21
Fundamentals: For the past 3 quarters Alkylamine Net income is increasing
Entry: 3895
1st Target: 15% is our 1st target 4490
2nd Target: 20% is our 2nd target 4690
Stop loss: 7.5% is our stop loss 3625
Alkylamine - Target 6900++Looks like we are in 5th Wave, can touch 6900++ levels in next few trading sessions.
