MAITHAN ALLOYS LTD - Multiyear Breakout Long

MAITHAN ALLOYS LTDNSE

Description

⋅ Apr 11, 2021 12:26 PM

On the weekly chart , a multi year breakout has been witnessed.
The overall picture suggests a cup in formation.

⋅ Jun 14, 2021 6:27 AM

Slow and steady wins the race.

Comments

kapil_arora20052000

⋅ Apr 12, 2021 6:36 AM

Maithan allow traded at 678 now
Can i buy @ 678 or wait for above 750

CuriousChartist

⋅ Apr 12, 2021 6:41 AM

@kapil_arora20052000, NO.. todays market suggests weakness. Wait for dips and buy only when market settles.

kapil_arora20052000

⋅ Apr 12, 2021 7:13 AM

@CautiousChartist, and what about mphasis i bought @1778

CuriousChartist

⋅ Apr 12, 2021 4:21 PM

@kapil_arora20052000 My stop loss will trigger only at 1714.