Marine Electricals (India) Ltd - Breakout Setup, Move is ON...#MARINE trading above Resistance of 297
Next Resistance is at 506
Support is at 184
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.
MARINE
Marine Electricals (India) Ltd - Long Setup, Move is ON...#MARINE trading above Resistance of 65
Next Resistance is at 76
Support is at 50
Here is previous chart:
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.
Breakout in Marine Electricals (India) Ltd...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.
MARINE ELECTRICAL TREND REVERSALThis stock is technically too weak almost near its all time low. The stock marine electrical is putting no more lower lows from a harmonic bullish bat pattern which is sign of trend reversal . Other confirmations can be a trend line breakout and higher highs higher lows formation
If anyones looking for a high rewarding low risk stock but rate of sucess is too low then this is the one to watch out for.
Expecting targets of 50% with a risk (stop loss) of 5%-6% RR of 1:10
Great setup for me to be truthfull . Ready to risk 5% for big targets
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