MANAPUPURAM ---MULTIBAGGER 2023MANAPPURAM -- Monthly chart setup - GOLDEN YEAR 2023
1. stock trading at Monthly upper channel , channel lower level support seen around 100-105 level from then continuation to upward channel
2. Gold price appreciation this year gold price hit all time high, that boost fundamentally.
3 . Normalized smooth MACD shown at positive crossover point
4. Double bottom support seen at trend reversal around 80-85 level
5. potential upside 50-80% from current level 115-118 target 150-180-200 n 1 year, stop loss bellow channel and trendline support at 75
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
** HAPPY TRADING. !!
Golden
WOCKPHARMA GOLDEN CROSSOVER ON MULTIYEAR CHARTGolden Cross is strong bullish moving avg crossover where short term moving avg crossover long term moving avg above . on chart we can see 9,20,44,200 this all moving avg crossover at one point that is called bullish moving avg golden cross. this crossover does not happens often, but when this golden cross occurs stock up move very strongly ... we can see 5 year chart this crossover occur at 2 time only, now this is third time this golden cross is about to ..for confirmation i draw trend line breakout also and above trendline breakout we can see golden cross where 200 dma come as support line and 9,20,44 sma crossover done .
BUY WOCKPHARMA CMP 465.55 target 500-600-800
stop loss 425
wish u happy trading !!
SUN TV -Long term Breakout level.Please taken entry once share have broken its Multi year resistance at 566 or below depend on your Risk appetite.
1. Multi year Resistance at 566
2. Golden crossover of 50 -200 EMA in coming weeks.
3. Stocks is currently at nearly at half way away from its Life time high.
LONGTERM ITC BUY : GOLDEN OPPORTUNITY (GROWTH + DIVIDEND YIELD)ITC :
RISK : REWARD RATIO 1:3,PRICE is exactly at its demand zone,its time for investing.
swing traders can get away at take profit level 345 (approx 18 months)
Investors can hold upto take profit level 452 and wait for next suitable entry.(approx 2 to 3 years)
THESE ARE MY VIEWS ON ITC ANND NOT RECOMENDATIONS,KINDLY USE IT AS GUIDLINES ALONG WITH YOUR PERSONAL ANALYSIS.
Golden Rule by Vivek KhareThis chart tells when to buy a stock (when the price is around lowest point) so that you can sell it within 1-5 days and make quick profit. This golden rule has helped me maintain my streak of ZERO loss. So far I have been using this Golden Rule to make sure shot profits (low but consistent).
Best,
Vivek Khare
kharevivek gmail com
Nifty : Aaluma Doluma Aisalakadi Maluma !Happy Guys & I don't know what to give as title, so gave a song title :)
Getting Back to analysis, we drew ABCD yesterday, there can be more reasons coming up today for upside move. For example, Am expecting Double Bottom on 15mins time frame but will see whether it happens. I hope Nifty, after taking support around 9130's zone we may get move up till 9170's zone.
Let's see how this ABCD pattern completion works for Nifty, a gap up ? Hmm possible.. !
Last minute add, I forgot whom but someone mentioned that its at 61.8% through the zone of 9130's Nifty, anyway thanks to that person for providing input :)
Once Again Guys, Thank You So Much... Love you all.. Have a Wonderful Trading Day :)
Let's Celebrate Together : rachaelsbooks.files.wordpress.com
Google "aaluma doluma" for full song ;)