MAX INDIA - Excellent Daily VCP Poised for a minimum 20% upmove.
1) The stock is in uptrend in all major timeframes.
2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation.
3) The stock shows strong volatility contraction in Daily, looks poised for breakout.
4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play.
Entry around 230, Best - Between 215-220.
SL - 214 Daily closing basis.
Target - 330.
Follow me on my channel for regular updates.
2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation.
3) The stock shows strong volatility contraction in Daily, looks poised for breakout.
4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play.
Entry around 230, Best - Between 215-220.
SL - 214 Daily closing basis.
Target - 330.
Follow me on my channel for regular updates.
Note
5% + moved , 230-->246Note
Nailed buy before breakout.Note
20% Target Hit. 6 trading sessions.Note
Back in action post the volatility.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.