Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky...
Buy Meghmani Finechem for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
Meghmani Finechem Ltd. is primarily engaged in manufacturing and selling of Chlor Alkali & its Derivatives with backward and forward integration facilities and also engaged in trading of Agrochemical products.
It is the 4th largest...
MEGHAMANI ORGANICS as per daily chart pattern analysis is in the down trend channel and so far it tried twice to break the resistance level and thrice taken the support level. And on 26.11.2021 it has made strong candle. After breaking the channel once it crosses above 118 level then target 125 level. Considering market weakness be carefull in entering any new...
DAILY SWING CALL // Monday 03rd of May 2021 // NSE:MEGH
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 141.15
TARGET: 163+ (15% Around)
STOP LOSS: 127...
Meghmani organics breakout on monthly chart. Very good fundamental stock for long term investors. Accumulation range on retest of the breakout area 120-130. SL below 100 on clb. Also very good volume can be seen recently.
This is follow-up on Meghmani Organics. Can check link to related ideas.
Target 1 achieved. More than 32%. Target 2 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.
More upside can be seen till 111-115 . After that a cool off can happen towards 95-90 region. This is the region where one should buy stock with sl below 78 on daily closing basis for target of 150 and 220. I prefer pull back trade to center median line as stocks have assumed tendency to react back to median line.
Disc : it's not an investment advice to buy or sell