This is follow-up on Mold-Tek Packaging. Can check link to related ideas.
Target 1 achieved. More than 39%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
#MOLDTKPAC trading above Resistance of 994.35
Next Resistance is at 1144
Support is at 758.30
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
Stock Name - Mold-tek Technologies Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 129
#This is not Buy and Sell recommendation to any one. This is for...
Chart -> MoldTek Packaging Daily
The stock has given an all-time high breakout from a long consolidation of 9 months with huge volume.
Since it is in new territory, targets will be calculated as per Fibo.
CMP: 904
Good range: Around 860
Targets: 945, 986, 1063
SL: 804
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As...
Stock was trading in a sideways channel, now it has given breakout with good volume.
In the short term, price is moving in an uptrend with support which is marked on the chart. Also, there was a triangle pattern breakout which has already reached its target.
If daily candle of 10th Aug manages to close above breakout candle high, we can expect a good up move...
Mold tek in a good consolidation range with increase in volume near resistance with RSI above 60 and Relative strength is rising. A good breakout can be expected above 780
Mold-Tek Packaging is engaged in the manufacturing of injection-molded containers for lubes, paints, food and other products.
Innovation and Value Addition:
In the early 1990s Mold-Tek pioneered the concept of plastic pails for paints industry, It has introduced plastic containers for lubes industry with value added features like ‘pull-up spout’ and tamper &...
