m2gud

MAGMA, 1W, 40% gain possible (CUP & HANDLE)

Long
NSE:MAGMA   None
Magma on Weekly forming Cup & Handle pattern.
Wait for clear Breakout,
40% gain possible.
Price is above all the exponential Moving avgs.
RSI is just above 72.
RISK:REWARD = 1:1.5+

All levels are marked on the chart.


All analyses are for educational purposes only.

Comments

bought 125 share @144 then 200 share @129, ... is it good to pyramid till 150?
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entered at 141, currently trading at 129. Whaat are your views, on the future of this stock
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m2gud atul24379
@atul24379, SL trgt are marked.. thanks
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m2gud atul24379
@atul24379, Entry should be around 135.. If your trgt and SL is small... then near `121 lvl is the support... below that u can exit If you dont want to hold more... But always mark SL before enter into ant trade.. thanks
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hoping for it friends, thanks for sharing
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Moh Maya hai!
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m2gud MarimuthuSuppaya
@MarimuthuSuppaya, hahaha... thanks for your valuable comment bro... jis din maya ka Moh hatt jaiga us din khone ka darr bhi khatm hojaiga..... my view only..:P :P
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