silenThunderr

MEGH Analysis 11 March 2021

Long
NSE:MEGH   None
Meghmani Organics Ltd.
Six Months of Consolidation
Volume Expansion
Breakout Clearly Above with Range Expansion.

RSI good levels.
Good Bounce from MA

Comment:
Weekly TF View

Comment:
CRS
BO

Comment:
Comment:
Performing as expected
Comment:
Pullback Support now Monday will the D day.
Comment:
Monday it did bounce and now correcting back lets c
Broader markets are bearish and stock is under pressure due same.

Good news is RED candles on low volumes
Trade active:
Moving as expected

Comment:
CRS Update

Comment:
Now awaiting Value Unlocking after the Demerger stock is suspended for 2 months so 1 month to go.

silenThunderr
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.