Fundamentals: Company PE- 3 < Industry PE -15.6, FII increasing its stake quaterly since jun2021(0.32 to 0.67 to 1.02 to 2.54), DII too increasing stake since sep 2021(0.48 to 0.51 to 0.62), almost Debt free with 74.99 promoters holding. Technicals: Forming cup & handle pattern , cup is perfectly formed n now it is at channel bottom getting ready to form handle....
Buy Maithan Alloys Cmp 1132 Buying Zones - 1132-1025-970-925 SL - 795 (Weekly Closing Basis) Target - 1450/1700
Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.
NSE:MAITHANALL Cmp : 157.50 Try on pullback near 1245. #Study, Learn & Earn. Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
CMP: 1285 - Descending Triangle pattern breakout - Crossed important resistance of 1200 - Taking support at 20 week ema - All Time High breakout with volume Too much artwork on the chart, but had to do it😝
buy above 1300 in intraday for swing trade can buy in dips till 1250 stoploss for swing trade daily candle close below 1200 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...
Took POSITIONAL long trade in maithan alloys Entry 1270 Tgt 1560 SL 1125 Know your risk. Respect SL and Exit immediately is SL hits as long weekend and if broader market weakens due to bad news then loss will be more. Good luck #vr
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Either sell on initial stop loss hit or when closes below weekly supertrend After a Quarterly Sales and Profit growth of 107% and 441% and TTM Sales and Profit growth of 74% and 215%, ...
buy above 1260 in intraday or swing trade for swing trade stoploss below 1140 DCB target for swing trade 1450, 1590 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...
Breakout with very high volume in Maithan Alloys Limited
Key Highlights: 1. Bullish market structure on HTF 2. Tapped into the demand zone 3. Massive volume on the creation of the demand zone 4. Retracement on the HTF Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh (@johntradingwick) NSE Certified Technical &...
Results nearing... given a good breakout above 1084 1017 crucial level.... Any close below 1017 will result in a selloff.. trading channel and levels marked.. Happy Trading....
maithan alloys given a multiyear breakoot retest scenario highly bullish on charts
Buy MAITHANALL @980-1000 (Enter whenever possible, no need to wait for candle close) Stop loss: 910 Target: 1230 Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
On the weekly chart , a multi year breakout has been witnessed. The overall picture suggests a cup in formation.
Its Better to Check on Monday !! if its is momentum can be added immediately and then wait for retest.. According to me BEST BUY rate is 650-660 levels with Stop Loss of 580 on Closing Basis !! Metals are hot right now .. if Profit booking comes be ready to average around 650-660 otherwise if it still goes up from here.. adding zone on retest and SL will be different..