MMTC - Swing Trade Analysis - 4th July #stocksMMTC (1D TF) - Swing Trade Analysis given on 4th July, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - Done ✓
* Disclaimer
Darwasboxtheory
heritage foods - breakoutThe stock has tested the 350 levels multiple times (CMP 348.5) and has showed increased volume, rising MACD and RSI. if crosses immediate resistance of 350-352, upside till 375, 398 and 451 seems possible with trendline support at 332 giving a favourable R:R.
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#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJSW STEEL LTD
On weekly chart Stock trading in DARWAS BOX
and on daily chart Pole and Flag formation
Stock trading at recent highs and trading at good volume; Expected good movement in coming weeks
Buy above 760 levels for 8-15% targets.
keep SL of 725 levels
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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TITAN POSITIONAL LONGDouble Breakout on Titan
1- Ascending Triangle
2- Darwas Box Theory
.
So I am Posting two trades
TRADE 1- ONE CAN GO LONG ON IT(SHORT TERM) ABOVE 2720(WAIT FOR 15 MINUTES CANDLE) KEEP A STRICT STOP LOSS OF 2650 AND WAIT FOR TWO TARGETS
TARGET 1- 2840
TARGET 2- 2990
.
TRADE 2- GO LONG ABOVE 2720(MID-TERM 10-12 WEEKS) KEEP A STRICT SL OF 2600 AND WAIT FOR THREE TARGETS
TARGET 1- 2990
TARGET 2- 3200
TARGET 3- 3500