Mukand Ltd cmp 171.39 by Weekly Chart views*Mukand Ltd cmp 171.39 by Weekly Chart views*
- Support Zone at 142 to 149 Price Band
- Resistance Zone at 193 to 198 Price Band
- Volumes increasing gradually by heavy surge in last week
- Weekly Support 149 > 130 > 117 with Resistance at 188 >>> ATH 212.80
- *Stock Price tested retested Support Zone yet below Falling Resistance Trendline*
MUKANDLTD
MUKANDLTD | Investment Pick📊 DETAILS
Sector: Iron & Steel
Mkt Cap: 2,478 cr
Mukand Ltd is engaged in manufacturing of special alloy steel, billets, bars, rods, EOT cranes, material handling equipment and other industrial machinery and comprehensive engineering services.
TTM PE : 12.49 (Average PE)
Sector PE : 23.95
Beta : 1.18
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
13.36% away from 52 week high
Outperformer - Mukand up by 8.79% v/s NIFTY 50 up by 2.76% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
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Mukand Ltd (Weekly Chart) : Breakout Candidate#BreakoutCandidate #breakoutsoon #mukandltd #stocksinfocus #stocktotrade #stocktobuy
#Mukandltd : Weekly Chart
>> VCP formation on the Verge of Breakout
>> Good Trending setup on Weekly TF
>> Consolidation Range Breakout + Base Formation + Ready for Another Breakout
>> Good Strength in Stock & Good Volume Buildup
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Disc : Charts/Stocks Mentioned r 4 Learning Purpose & not 4 Trade
MUKANDLTD - Ichimoku Bullish Breakout Stock Name - Mukand 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 136
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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