Ruthless Price and Vol. Breakout in MAHSEAMLESNSE:MAHSEAMLES Ruthless Price and Vol. Breakout in MAHSEAMLES Closing above 200 DSMA.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
MAHSEAMLES
MAHSEAMLES DAILY CHART CUP & HANDLE PATTERN The stock has formed CUP & HANDLE
on the Daily chart.
One can enter above 707 with a strict
Stoploss of 637
Target 1 - 730
Target 2 - 750
Target 3 - 770
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MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 975
✅ Next Resistance is at 1248
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 975
Next Resistance is at 1094
Support is at 756
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 870
Next Resistance is at 975
Support is at 679
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 880
✅ Next Resistance is at 975
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 756
Next Resistance is at 870
Support is at 573
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 consult your financial advisor before taking any trade.
#Long on Maharashtra Seamless for Medium TermAfter reaching an ATH of 377.50 in Jul'27, Maharashtra Seamless broke out of falling wedge pattern in the month of Oct'21 rising 55% in a single month.
Further, this was followed by formation of small bullish candles on monthly time frames and then entering a correction phase for next six months.
The next phase of rally started in Mar'23 in which the stock has more than doubled, rising relentlessly from a low of 303.85 to that of 614.20.
Furthermore, last month the scrip broke out of a rising channel and gave 14.22% returns. The stock has TTM PE ratio of 8.9, has strong financials and has an affordable valuation.
Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 573.40
Next Resistance is at 756
Support is at 388.90
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 consult your financial advisor before taking any trade.
MAHSEAMLES - Long Setup, Move is ON..NSE:MAHSEAMLES
✅ #MAHSEAMLES trading above Resistance of 724
✅ Next Resistance is at 880
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MAHSEAMLES - Ichimoku BreakoutStock Name - Maharashtra Seamless 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 610
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
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#Ichimokuexpert
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Maharashtra Seamles - Long Setup, Move is ON...#MAHSEAMLES trading above Resistance of 388.90
Next Resistance is at 573
Support is at 275.85
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 consult your financial advisor before taking any trade.
Unveiling MAHSEAMLES' Bullish Patterns: A Breakout OpportunityMAHSEAMLES is a leading manufacturer of pipes and tubes Involved in power, electricity, and other industries. Currently trading at all-time high levels. Let's dive into the technical analysis of MAHSEAMLES to identify potential breakout patterns.
📊 TECHNICAL ANALYSIS
MAHSEAMLES is forming a potential breakout pattern on both daily and 75-minute charts, indicating a bullish trend. The stock is currently trading at all-time highs and shows increasing volume. Additionally, technical indicators suggest a strong buy sentiment.
📈 FLAG AND POLE PATTERN
The daily chart exhibits a flag and pole pattern, which is a bullish reversal pattern that indicates a potential breakout. The pole represents the stock's upward momentum, while the flag represents a consolidation period.
📈 INVERTED HEAD AND SHOULDERS PATTERN
On the 75-minute chart, we can see an inverted head and shoulders pattern, which is a bullish reversal pattern that indicates a potential breakout. This pattern forms when the stock makes a low, then rallies, and then pulls back to retest the low.
📊 VOLUME ANALYSIS
Volume is increasing, indicating a strong buying interest in the stock. This is a positive sign for the bullish trend.
📈 PROFIT AND QUARTERLY RESULTS
MAHSEAMLES has been reporting excellent profit and quarterly results, indicating a strong financial health.
📊 Final conclusion
If the stock sustains above the previous resistance level of 498, it could be a sign of a breakout, and traders may consider taking long positions before the market closes. However, please note that this analysis is for educational purposes only and should not be considered as investment advice.
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💡 Did you know?
A breakout above the flag and pole pattern's resistance level could lead to a potential gain and The inverted head and shoulders pattern is a bullish reversal pattern that indicates a potential change in the stock's trend.
💡I am not a SEBI-registered analyst. It is always recommended to do your own research and consult with a financial advisor before making any investment decisions
MAHSEAMLES - Ichimoku Bullish Breakout Stock Name - Maharashtra Seamless 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 455
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Target 4 (76%) achieved in Maharashtra Seamles. Target 5 is ON..This is follow-up on Maharashtra Seamless. Can check link to related ideas.
Target 4 achieved. More than 76%. Target 5 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. Please consult your financial advisor before taking any trade.
MAHSEAMLES - Ichimoku Bullish Breakout Stock Name - Maharashtra Seamless 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 790
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
watch for range breakoutbuy above 600 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.