Metropolish : 50%+ Gain opportunity ?Hi All,
Pattern : Complex Inverse Head & Shoulder pattern And Symetrical triangle pattern on Weekly & monthly time Frame
1st Target T1 : 660-670
2nd Target T2 : 770-780
3rd Target T3 : 890-900
Target Time Frame : 12-18 Months
Breakout level : 540 (on closing basis)
Best Entry : When Stock retest breakout level (yellow line near ~570 level)
Stoploss : closing below 470 ( Below the breakout candle on weekly chart )
Higher-High & Higher-Low getting formed in longer time-frame like Weekly & monthly chart .
Please feel free to comment or share your views on my analysis .
Note : I am not a SEBI registered advisor . Please consider my analysis for education purpose only .
Metropolishealth
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 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


