Metal India having huge infrastructure project in modi government so we have to focus on steel related stock on of this stock
All breakout discuss in chart
Multi years breakout in chart
MANAKSIA
Manaksia Ltd - Long Setup, Move is ON...#MANAKSIA trading above Resistance of 171
Next Resistance is at 205
Support is at 112
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.
MANAKSIA STEELS - 115% RETURNS!!!BUY - MANAKSIA STEELS LTD
CMP - Rs. 39
Target - 1: Rs. 52
Target - 2: Rs. 63
Target - 3: Rs. 85
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Technical - Bullish Symmetrical Triangle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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MANAKSIA - Will it break 6WK High?If the momentum sustains, Looking to break highs of 94 and 96.
Currently trading above D-20, W-20, M-20 SMA's
Also above D, W, M - 50 SMA's
Crossed Weekly and Monthly Pivots.
Current week high = 6 Week Back High.
Once cross this level - we should be able to see good momentum upside.
Pls add to the watchlist and do your own research before taking a call.
MANAKSIA with descending Triangle Manaksia on a daily chart forms descending triangle pattern.
If gives breakout,
Target 1 = 75,
Target 2 = 80,
Target 3 = 85
and with a stop loss of 66
SWING TRADERS - Opportunity KnocksLooks like a Winning trade to capture a good move in few trading sessions. Entered at 66 today , Volume is good too.
Watch out for the SL.
Chart Study - Not a call
Manaksia Range BreakoutRange Breakout
Buy Manaksia
Closing Price - 69.75
Best Buying Price - 64-65
Strict SL - 59 (Weekly Closing Basis)
Target -86
Head and Shoulders in ManaksiaA very bullish patterb being formed. The stock has rallied hard today and the right shoulder looks like is getting completed. Interesting next few days ahead in the stock.
