Detailed View about this Breakout:
No.of Resistance: 6
No.of Support: 6
Consolidation Days: 626+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Good morning Guys! Here is a potential trade set up for next week.
Providing you some pointers for MPS LTD.
>>MPS Ltd experienced a beautiful breakout from a well-defined rectangle pattern last week
>> As we see in a daily timeframe, it was religiously following a rectangular pattern since more than 1 year, it is more like a broadening rectangular pattern. ...
MPSLTD ( NSE:MPSLTD ) is on continuous raise from some time.
Currently crossing 8 Years High - 1095.
Also from a Daily volume perspective - on raise, and Strong support at 977 levels.
Add to Watchlist
MPSLTD:- Rounding bottom pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know...
Price has successfully broken out. A follow-through day is essential. This chart is for educational purposes only. Please contact your financial advisor, as this is not a buy-or-sell recommendation
buy above 581 in intraday
As volume is less check volume on 5 minute tf when it approaches near breakout.
the volume should be high or increasing compare to last few candles (like atleast 10-30 candles)
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to...
