varadtambolkar

MSTC Breakout Candidate

Long
NSE:MSTCLTD   MSTC LTD
All Logic Explained on chart.

Stock is consolidating since early July, Longer the consolidation Powerful is the Breakout.

Similar Price movement to Whirlpool

Not a Trade Recommendation, Please Do your own analysis.
Trade closed: target reached: Target of 210 to 220 hit
Comment: You can even trail or book partial profits, hold rest with cost to cost.
Comment: 181 will be good trailing sl for partial qty
Comment: Check this stock on weekly chart. This will blast further.

Comments

Well, this is flying today. Thank you
Reply
varadtambolkar buzzsubash
@buzzsubash, Great hope you made profits! :)
+1 Reply
1 hr chart also has made Inverse head and shoulder pattern which has broken the neck line. Short term target 186 and log log-term target 200.
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@Faayez, need ro check this πŸ˜„πŸ‘
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nice analysis... looks like reaccumulation is done
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varadtambolkar TradeTheTip
@TradeTheTip, yes perfect πŸ‘
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Holding it. My target is first 190-192.
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@Alhad, why not 2x 3x πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
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Alhad Alhad
@varadtambolkar one step at a time πŸ˜‰πŸ˜„
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@Alhad, 213 223 sure πŸ˜‚πŸ‘πŸΎπŸ™πŸΎ
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