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 is looking good for a long , bears seems to be exhausted in this stock with structure changing towards bullish and also RSI divergence giving hints of an upside in the stock in coming days , SL of max 7% so RR is good , Will enter only if weekly candle closes above my level of 1290 , else ignore
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.
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...
If next candle crosses 1345 i will go long with 1287 as SL .
Inside bar pattern formed on daily timeframe.
ENTRY- ABOVE 1345
TP1- 1405
TP2 - 1485
TP3 - TRAIL SL
SL-1285
For educational purpose only. not a finencial advice.
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
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 1777
#This is not Buy and Sell recommendation to any one. This is for...
NSE:METROPOLIS
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called...
This stock seemed too strong a bullish movement because it looks like a strong breakout and a weakly closing with high volume. the price goes to 1481.20.
