Defence Sector Going Offensive - Paras - Lord Parasuram's Weapon
India's Defence Minister has said that Domestic Defence Manufacturing will be further strengthened || Defence Exports from India will be taken to an Unprecedented High :)
Amazing news to all Defence Stocks. One such pick is PARAS Defence and Space Technology
On Weekly chart - price has formed an Inverted Head and Shoulders Pattern. Both Breakout and Retest + Bounce - All Done :)
1st Target 1260 (previous ATH). When it breaks-out above 1260, it will initiate a Fresh Rounding Bottom BO for a much larger target of 2070
1st Recommendation was given around 670 levels on Aug 24, 2023. In less than 1 year, price has already reached 42%
When it reaches 1260 - it would be 87%
When it reaches 2070 - it would be 207% (3x) :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Amazing news to all Defence Stocks. One such pick is PARAS Defence and Space Technology
On Weekly chart - price has formed an Inverted Head and Shoulders Pattern. Both Breakout and Retest + Bounce - All Done :)
1st Target 1260 (previous ATH). When it breaks-out above 1260, it will initiate a Fresh Rounding Bottom BO for a much larger target of 2070
1st Recommendation was given around 670 levels on Aug 24, 2023. In less than 1 year, price has already reached 42%
When it reaches 1260 - it would be 87%
When it reaches 2070 - it would be 207% (3x) :)
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
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