Multiyear Breakout - Candidate Of 3-4-5 X - 63 MOONS TECHNOLOGYMultiyear Breakout In 63 Moon Cmp 393 SL - 239 ( Monthly Closing Basis ) Target - 1200/1700/2500 Reason : 2014 High ( 404 ) Broken And Closed Above It ( 471 ) In 2023 High Probability Of Abnormal Move To 1200/1700/2500Longby VisibleBeer73
About 63 Moons Techs is engaged in Computer Programming, Consul Market Cap ₹ 2,277 Cr. Current Price ₹ 501 High / Low ₹ 691 / 162 Stock P/E 11.5 Book Value ₹ 704 Dividend Yield 0.40 % ROCE 1.99 % ROE -1.43 % Face Value ₹ 2.00 Graham ₹ 810 Intrinsic Value ₹ 483 EPS ₹ 41.4 Sales growth 147 % Sales last year ₹ 290 Cr. Sales growth 3Years 11.1 % Profit growth 5,390 % Profit Var 3Yrs 4.82 % Profit Var 5Yrs % Return on equity -1.43 % Profit Var 7Yrs 8.24 % Sales 2Qtr Bk ₹ 115 Cr. ROE 7Yr -0.69 % Debt ₹ 5.52 Cr. Current assets ₹ 1,647 Cr. Current liabilities ₹ 461 Cr. Book value ₹ 704 Free Cash Flow 5Yrs ₹ -310 Cr. Longby dpkrthvideos112
63 Moons - Inverted H&S Change in Business model, breakout at 350 levels opens for target of 700 SL 238 Longby Nimble_PesosUpdated 9
Identifying Institutional footprints using Wyckoff AccumulationHere I am using 63Moons monthly chart to explain how Wyckoff Accumulation works. The Wyckoff Accumulation has 5 major phases. Phase A - Stopping the previous trend Phase A marks the stopping of prior downtrend. The Preliminary Support(PS) indicates that some buyers are showing up but still not enough to stop the downward move. The Selling Climax(SC) is formed by an intense selling activity as investors panic. This is a point of high volatility where panic selling creates big candlesticks and wicks. The strong drop then quickly reverses into a bounce also known as Automatic Rally(AR) as excessive supply is absorbed by buyers. The Secondary Test(ST) happens when the market drops near the SC region testing whether the downtrend is really over or not. At this point the trading volume and volatility tend to be lower. ST generally forms at or above the same price level as the SC, if the ST goes lower than that of Sc one should anticipate new lows or prolonged consolidation. The lows of the SC and the ST and the high of AR set the boundaries of the trading range(TR). Phase B - Building the cause Phase B serves the function of building a cause for new uptrend. Basically the idea is that something cannot happen out of nowhere, that to see a change in price a root cause must first have been built. Generally causes are constructed through a major change of hands between well informed & uninformed operators in an anticipation of the next markup. This institutional accumulation takes a long time sometimes more than a year. As institutions do their due diligence and take their required positions. There are usually multiple STs during Phase B as well as upthrust type actions near the upper range of TR. Early on in Phase B the price swing tends to be wide and accompanied with high volume. As professionals absorb the supply the volume on downswings within the TR tends to diminish. When it appears that the supply is likely to have been exhausted the stock is ready for Phase C. Phase C - Test In Phase C the stock price goes through a decisive test of the remaining supply. In Wyckoffian Analysis a successful test of supply is represented by a spring(shakeout). A low volume spring(or low volume test of a shakeout) indicates that the stock is likely ready to move up. A spring is a price move below the support level of the trading range (which is established by low of STs in Phase A and B) that quickly reverses and moves back to TR. The spring action is very important and ideal because the greater the movement, the more liquidity you will be able to capture and there the more gasoline the subsequent movement will have. Phase D - Trend within range Phase D consists of breakout and confirmation events. After the shakeout event the price should now develop a clear trend movement within the range with wide candles. This is evidenced by a pattern of advances known as Signs of Strength(SOS) on widening price spreads and increasing volume as well as reactions (Last point of Support LPS)on smaller spreads and diminished volumes. During Phase D the price will move at least to the top of the Trading range. LPS in this phase are excellent places to initiate long positions. Phase E - Trend out of range In Phase E the stock breaches the trading range. This phase consists of impulsive and reactive movements and some shakeouts which are short lived. The price here abandons the structure upon which the cause has been built previously and begins a new trend as an effect of the same. Coming to the chart of 63 Moons any pullback near 180-160 is an excellent place to initiate positions. The Phase E is gonna start soon in this scrip. Hope you liked my analysis. Longby nishant_bhattUpdated 121247
BREAKOUT, 63 MOONS TECH, 260% RETURNSBUY - 63 MOONS TECH CMP - Rs. 313 Target - 1: Rs. 573 Target - 2: Rs. 842 Target - 3: Rs. 1123 . Timeframe - 6 months - 2 years . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshguptaUpdated 16
63 moons ready for 18463 moons ready for 184 target and stop loss is mentioned in the chartLongby yogesharora2409Updated 4
63MOONS - Ichimoku BreakoutStock Name - 63 Moons Technologies Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 273 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja0
will 63 moons technologies became multibagger?63 moons technology stocks in making a different pattern having big resistance above 400 if stock closed above that level on monthly basis then there will be positive indication that price will move in north.Longby Marathi_Investor3
63MOONS on Breakout; above 201.3 for Intraday on Tuesday63MOONS on Breakout; above 201.3 on Tuesday 28 Feb for Intraday gains -------------------------------------------------------------------- Please check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation. Longby JJ_BreakoutsUpdated 2
Pain in 63MOONS about to overGood RR setup. High risk high return setup. Bullish on all time frame.Longby Rohan_Hargude0
63MOONS - Ichimoku Bullish Breakout Stock Name - 63 Moons Technologies Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 183 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja0
Long 63 Moons...5X and more63 Moons NSE:63MOONS Cmp - 111 Stop - 80 on WCB Expectation - T1 - 500 T2 - 1250, Review at 500 Expected Holding Period - 240 trading days or earlier for T1 View:- Positional/Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investingLongby ST_NGNF221
63 Moons - CMP: 104The stock has given Wedge Pattern breakout on the daily chart. RSI indicating continuation of the uptrend. We can expect price movement up to 116 in the near term.Longby Auroma220
63MOONSAll scripts posted here are only for study purpose do your analysis before taking any positionsby matrix7traders0
Swing trade: Risky Stock watch for range breakoutstock can break major resistance invest less in this one buy above 97 Longby stockkar119
63 MOONS TECH LTD - SHORT TEM PICK FOR 45 % GAINS IN 3-6 MONTHS63 MOONS TECHNOLOGIES LTD BUY ABOVE 82.50 (3- 6 MONTHS) CMP - 81, TGT 120 , (45% UPSIDE) SL - 69 RISK :REWARD 1:3 **This post is for educational purpose only, please concern with your advisor before investing in market related instruments.**Longby aabbhhii23
In consolidation. In its down move it will find support at 108.50, intermediate term target is 141by sabyasachi_nath1
63 MOONS - WAIT FOR CLOUDS TO CLEAR!!IF ONE HAD PURCHASED, THEN, FROM THE CHARTS, THE EXIT LEVELS MAY BE PLACED AT 157 AND 164. LET THE CLOUDS GET CLEAR, EVALUATE FUNDAMENTAL ASPECTS OF THE COMPANY BEFORE GOING LONG. WAIT FOR NOW.by Sunandamedi0
63 MOONS - WAIT OTHERWISE STARS WILL BE SEEN!CROSSED THE RESISTANCE AT THE NECK LINE OF 114.9 WITH EASE AND WITH VOLUMES. IT IS NEARING A RESISTANCE AT 138. DO NOT ENTER AT THIS POINT. SUCH A VERTICAL MOVEMENT CALLS FOR PRECAUTION. WAIT FOR THE NEWS WHICH HAD MADE SUCH A BIG BREAK OUT. THEN DECIDE. by SunandamediUpdated 0