stock in a downtrend anytime we can expect a breakout
strict sl 52🙏
trgt 68-90-105🎯🎯
chart looks good+volume spike can see in the chart.
+
💢 there is a lot of other reason.but I am not interested to share here. 💢
(u can check my other charts,once i was shared a lot of information about the stock & the company.and I will not share...
Founded in 1979, Mirza International Limited is India’s leading leather footwear manufacturer, marketer and exporter. It owns a portfolio of well recognized brands like Red Tape, oaktrak, MODE & Bond Street.
It is also the preferred supplier of leather footwear to leading international brands and one of the largest Indian suppliers of finished leather to overseas markets.
Mirza international
Proved to be money doubler stock when posted first time for entry at 63.
It has done 63 > 170
170% returns
Now looks like getting ready for breaking 5 year old resistance.
If it successfully closes above 180
then expecting 50% more.
#vr
CMP: 169
- Consolidation near All Time High (184)
- FIIs have increased their stake in the last 2 quarters
- Would like to add pilot position now and more on retest (if it does)
we can see a good breakout in mirza international share, share is in consolidation phase from a very long time.
We can see a head and shoulder pattern in this share
we can make it long from here with Stop loss of 55 and the targets are 110.
Thanks
Mirza International is consolidating for 2 years. Currently near the breakout zone.
Any weekly close above 70 with volume will be a decent breakout that can take the stock higher
Mirza international is in a uptrend and showing strong bullishness.
We can see from the chart that 68-69 is a strong resistance if it breaks then an entry can be considered with strict stop loss of 65 and first target of 72 and second target of 80 .
Do your own analysis before entering in a trade.
Please like and follow.!!!!!
Volumes are wonderful.
Risk can be taken here as well with SL at 58 on WCB.
Once it closes above 200DMA on WEEKLY it can fire more.
###do your own analysis. Profit and loss is yours###
NSE:MIRZAINT has a medium term Target of Rs100.
Watch for levels to accumulate on dips after it crosses Rs62.
Its a Key resistance (Rs62), so watch for correction so as to enter.
Stop Loss Rs42.60
Head and shoulders.
More than 1000cr Market Cap, "EPS" has continuously growing since 5 quarters. Available in low PE than last 4 quarters. Min 8% to go till next quarter results target of 97.14.
Currently at excellent strong support has more than 8 support points on same price though "EPS" increased.
Check also On Balance Volume demand growing.
More than 1000cr Market Cap, "EPS" has continuously growing since 5 quarters. Available in low PE than last 4 quarters. Min 8% to go till next quartor results target of 97.14.
Currently at excellent strong support has more than 8 support points on same price though "EPS" increased.
