- Metrobrand is currently looking perfect for an entry
- Kindly note that this stock is highly volatile and quite fast in liquidating stops
- In order to avoid that prefer entering once the liquidity grab is done
- I would suggest keep your risk low in every setup as I am bearish on the overall market
#METROBRAND trading above Resistance of 1323
Next Resistance is at 1874
Support is at 931
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...
#METROBRAND trading above Resistance of 1072
Next Resistance is at 1323
Support is at 862
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...
This is follow-up on Metro Brands. Can also check link to related ideas.
Resistance 2/Target 2 achieved. Resistance 3/Target 3 is ON as it is comfortably trading above resistance line of 825. Has moved more than 46% since breakout at 640.
Here are previous charts.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are...
METROBRAND:- Symmetrical pattern is formed, if it gives upside breakout, we may see upside movement, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my...
METRO BRANDS has recently completed wave 4 with a triangle formation, indicating a potential move towards wave 5.
Traders may consider entering a position in the range of 815-830, with target levels at 976 and 1107. It is important to note that trading carries a risk of loss, and a stop loss at 765 is recommended to limit potential losses if the trade moves...
Chart -> Metro Brands Daily
CMP: 845
Good Range: 800 to 840
Target: 885, 940
SL: 790
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
This is follow-up on Metro Brands. Can also check link to related ideas.
Target 1 achieved. Target 2 is ON as it is comfortably trading above resistance line of 673.
Here is previous chart.
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...
What Is a Rounding Bottom?
A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several...
Metro brands have broken out the trendline which had multiple rejections in the past.
Enter above 640 level
Target - 672 level
Stop loss - 614 level
Follow me for more analysis like this.
buy above 636 for swing trade
keep Stoploss below 600
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
