Metropolis - Expected SceneriosStock at strong resistance zone of 2170 - 2190
Expecting to resist this area to test the available support areas of 2130 - 40 first then 2050 -70
If not it may sure resist at 2210 -2240
In any case waiting for at least 1 good sign in 30 or 15 mins for entry
Any close above 2250 negates all the view
Metropolis
Metropolis Healthcare cmp 2274.05 by Weekly Chart views since li*Metropolis Healthcare cmp 2274.05 by Weekly Chart views since listed*
- Price Band 2295 to 2355 Resistance Band
- Stock Price is well above the EMA 21 > 50 > 100 > 200 levels
- Volumes are steady over past few weeks indicative of probable accumulation
- Weekly Support at 2189 > 2052 > 1910 with Resistance at 2385 > 2505 > 2616
- 2+ year's long timeframe Bullish Rounding Bottom with neckline at Resistance Zone
- Falling Resistance and Rising Support Trendlines crossing for probable price upside momentum
Metropolis Healthcare Ltd - Breakout Setup, Move is ON...#METROPOLIS trading above Resistance of 2243
Next Resistance is at 2558
Support is at 1850
Here is previous chart:
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.
Metropolis Healthcare for 140%+ gainsDate: 12 Oct’24
Symbol: Metropolis
Timeframe: Weekly
Metropolis Healthcare seems to be in Wave 3 in larger timeframe which is heading towards its all time high (ATH) of 3575 (~57% from current price of 2275) as seen in the chart. Wave 4 is likely to come down to around 2700 levels and in Wave 5, it could target 5500-6000 (140%+ from current price). A good year ahead likely for this diagnostic company.
Interestingly, the waves could also coincide with a Cup & Handle pattern formation as seen in the chart. Please note this is a long shot so take it with a pinch of salt. However, one can be confident to enter until the ATH (whatever route the price movement takes).
This is not a trade recommendation. Please do your own analysis. And I’ve the right to be wrong.
Aisa lagta hai ki Metropolis Healthcare badi samay seema mein Wave 3 mein hai, jo 3575 ke apane sarvakaalik uchch (ATH) (2275 ki vartamaan keemat se ~57% high) ki or badh raha hai, jaisa ki chart mein dekha gaya hai. Wave 4 ke 2700 ke star tak neeche aane ki sambhaavana hai aur Wave 5 mein, yeh 5500-6000 (maujooda keemat se 140%+) ka lakshya rakh sakta hai. Is diagnostic company ke lie aane vaala saal achchha rahane kee sambhaavana hai.
Dilchasp baat yah hai ki Waves Cup aur Handle ke gathan ke saath bhee mel kha sakti hain jaisa ki chart mein dekha gaya hai. Kripya dhyaan den ki yah ek lamba shot hai isliye ise thodi satarkta se trade karein. Haalaanki, koi bhi ATH (keematon mein utaar-chadhaav chaahe jo bhee raasta apanae) tak pravesh karne ke lie aashvast ho sakta hai.
Yeh koi trade karne ki salah nahin hai. Kripya apna vishleshan swayam karen. Aur mujhe galat hone ka adhikaar hai.
Breakout in Metropolis Healthcare 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.
Metropolis - Keep On RadarCMP 1817 on 02.05.24
The stock price has tried several times in the last 12 months to cross the resistance levels around 1800. This time consolidating near the zone. If crosses this time, may go to 2250.
One has to choose the position sizing carefully, keeping the risk management or exit in mind.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Metropolis-This breakout can bring momentum back!Metropolis had been a multibagger during Covid but corrected almost 100% post 2022.
Stock will give good returns once a weekly closing is seen above 2000.
Fundamentals are strong. Healthcare is a good sector for long term investing.
Keep stock in watchlist.
#metropolisMetropolis has corrected about 60-65% from from ATH and since then has been consolidating below 1800, which was a critical support. The consolidation has been happening in range of 1200 to 1800 since last 50 weeks and so far it has made few attempts to cross the 1800 level.
The way it is consolidating near this resistance level with all the weekly ema's sorted out now and converging together, chances are that it is getting ready for breaking out of it and start the up move journey with a trend change.
R:R looks good here for longs
METROPOLIS - Bullish Swing Reversal with VolumesNSE: METROPOLIS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
METROPOLIS - setup worth studying for tgt of 2500NSE:METROPOLIS
cmp 1785.90
very good setup on monthly chart where one can expect tgt of 2500
it is showing a rounding bottom pattern on weekly chart which is good sign
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
METROPOLISMETROPOLIS :- After a huge fall, the stock has consolidated and has also formed a reversal pattern called Cup and Handle Pattern.
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 other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
weekly bullish patter in BGR EnergyA Inverted Head & Shoulder Chart Pattern Breakout happened on the Weekly Time frame of NSE:BGRENERGY
Price Action supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
One can initiate the long trade as per the level mentioned on the chart
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
Bullish Flag BO in Shalby HospitalIntroduction: Shalby Limited (NSE: SHALBY) and Stock Exchange Information (BSE: 540797) is India’s leading multi-specialty hospital operating a chain of 11 tertiary hospitals with an aggregate bed capacity of over 2,000 hospital beds. It is one of the top hospitals in joint replacement surgery in India. Shalby is the number one player worldwide for knee replacement surgery and has a 4,000 plus in-house team of skilled doctors, surgeons and support staff.
A bullish flag & pole Chart Pattern Breakout on the Daily Time frame of NSE:SHALBY
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Swing Trading Opportunity in MetropolisRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
TO CONNECT WITH ME CHECK OUT MY BIO.
If you like this Idea, Please do like my ideas and share it with your friends. check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Nice long setup in Metropolis HealthcA bullish flag & pole Chart Pattern Breakout on the Daily Time frame of NSE:METROPOLIS
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for educational purpose only.
METROPOLIS - Bullish Consolidation BreakoutNSE: METROPOLIS is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
METROPOLIS Looks Positive Keep an EyesTechnical Outlook medium team
NSE:METROPOLIS CMP :1506
Good buy zone:1480-1500
Above can Touch 1770 And then 2570+ in the coming Months
Major support level:1400
Fundamental Outlook
The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.
Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.
Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.
While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Metropolis Health. and its performance over the period of time.
Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Its cash from the operating activity was Rs 237.74 Cr.
Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Metropolis Health. has a Debt to Equity ratio of 0.09 , which is a strong indication for the company.
EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Metropolis Health. , the EPS growth was -30.42 % which is bad for the company.
Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Metropolis Health. has OPM of 25.47 % which is a good sign for profitability.
ROE: Metropolis Health. have a average ROE of 15.82 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used to generate profits
METROPOLIS HEALTCARE LONG TERM PICKScrip probably has made its bottom and trend is trying to reverse towards upward journey. Risk /Reward ratio is 1:6.84. From current price it has potential to give return of 138% even if touches all time high price made in December 2021.
I kindly request your valuable feedback on the accuracy and validity of my learning and research. Furthermore, I would greatly appreciate any suggestions on areas where I can enhance my skills and knowledge.
DISCLAIMER:
The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events.
I am not a registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions.
Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions.
Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions.
METROPOLIS - Ichimoku Bullish Breakout Stock Name - Metropolis Healthcare Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1430
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.