📈 MHRIL is giving Symmetrical Triangle Breakout with Volume. 📈 Positive Crossover in MACD. 📈 Stock is giving breakout at upper band of BB. 📈 Slow moving average takes support of fast moving average and bounce back. 📈 Right now RSI is around 70.
🟢 Target 🎯🏆 - 274 ⚠️ Stoploss ☠️🚫 - 245
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer:I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!
Trade active
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Trade closed: target reached
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target was achieved yesterday only. and todays high is 272
Mam, Your research and analysis about amazing Glad to see that you are providing proper information by which a Trader can buy accordingly. Rationale behind selection of stock is good, really good. Keep doing, Best of Luck 🤞
Good analysis. Those who do swing trade, follow proper risk setup. As of now the RR is LOW. Once this stock sustains above 285, It will continue its rally. If it does, then wait for a retest and buy around 270-240 for 25% ROI. Till that it having a huge chances for reversal around 275 - 280.
Glad to see that you are providing proper information by which a Trader can buy accordingly.
Rationale behind selection of stock is good, really good.
Keep doing, Best of Luck 🤞