mmjimm

Looks like a POTENTIAL BREAKOUT!!!

Long
mmjimm Updated   
NSE:MHLXMIRU   MAHALAXMI RUBTECH LTD

Chart patterns invites us to go long after that breakout with good volumes (shown in chart).
Target levels are mentioned in the chart.
On achieving each target level, reduce the position and add it later upon retracement.
Regarding our Sacred STOPLOSS level, day candle closing below the yellow trendline or EMA shown.

*FIIs eyeing the stock as they initiated their level in september 2022 quarter.

lAST BUT IMPORTANT THING, Never time the market...Keep our patience high as we usually do!!!

let's wait and watch how it moves!!!!

Note: just my view , neither a tip nor advice!!

Trade active:
Target 1 done !!!!
Trade active:
Target 2 done!!!
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