#MIRZAINT #swingtrade #momentumtrade #vcppattern #trendingstock
Mirza International :
>> Good VCP Pattern & trending stock
>> Good Volumes Building up
>> Good Relative strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade...
Mirza International looking very good as a MULTIBAGGER STOCK to add in your portfolio.
My target will be double in coming months.
Near 200 EMA
Chances are very high for a perfect bounce.
Stock Name - Mirza International Limited
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 287
#This is not Buy and Sell recommendation to any one. This is for...
MIRZAINT--> POLE & FLAG BREAKOUT
NSE:MIRZAINT
TECHNICAL ANALYSIS
--> MIRZAINT had made a impulsive upmove earlier and was consolidating in Flag Pattern since 14 Weeks.
--> MIRZAINT has given a breakout from a POLE & FLAG Pattern.
ENTRY
--> Take a postion when stock gives 1 HR closing above 225.
STOPLOSS
--> SL can be placed below 199.
...
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
This is follow-up on Mirza International. Can check link to related ideas.
Target 1 achieved. More than 19%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
