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.
After Huge rally in the Market and most of the stocks are at all time high and given decent return what next? Sectoral Change is most important aspect to keep in the mind.
Here, is one of the most potential stock with decent upside of 40% around as stock was slide almost 60% from ATH and now we can see the in the chart it has bottomed out and also brokenout and...
Metropolis 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...
Metropolis is looking for a retracement and is going to be a buy on dip opportunity as per the trend.
Targets: 2150-2375-2555-2800
NOTE: I'm not a SEBI REG. Study before investing.
A 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...
Technical 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...
Chart is self explanatory.
It is not an investment advice. Only for Educational purpose.
Kindly do your own research before buy/sell decision.
Thank you!
Rounded Bottom Pattern in Metropolis!
50 EMA 100EMA Crossover!
Golden Crossover 50 EMA and 200 EMA?
METROPOLIS has made a Rounding Bottom Pattern in a Daily Timeframe. We can see the fluctuations in Volume, after the price reaches the bottom it diminished, and after the rally, it gained. The previous trend was a clear downtrend after this stock gained momentum...
METROPOLIS healthcare has given a breakout from falling wedge pattern. This can be accumulated between the range 1290 to 1320. Safe traders can keep the Stoploss at 1230. It will be good buying idea if sustains above the falling trendline.
Metropolis is looking for a great buying opportunity after formed descending channel lined up with the double bottom for clear formation to the upside, Expecting TG 3600 for longterm
Welcome to the most entertaining technical analysis report you'll ever read! This report aims to provide a technical analysis of METROPOLIS stock, and a recommendation for buying the stock in the short term, all while making it fun and easy to understand. The analysis is based on the latest charts and indicators, and is intended for investors and traders who are...
Metropolis looking good @ 1310 - 1308 until 1300 intact on lower side.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
