Multibagger
multibagger -- 2023 -- PAYTM PAYTM -- DAILY CHART -- SETUP --- POTENTIAL -- MULTIBAGGER 2023
1. PAYTM Pick as potential multibagger 2023 due to bullish indicators on daily chart setup.
2. Daily trendline breakout seen on last closing candle
3. Resistance breakout seen on last closing candle
4. stock seen following trendline support after pullback from oversold level sub 450
5. stock above 44, and near 200 hma support on last clsoing daily candle .
6. RSI above wma , ma ema positive cross seen and RSI near 60 level bullish zone ,
7 . ENTRY at current level 540-550 , Target 1--- 600-650- Target 2- 700-750 stop loss bellow trendline support 499-500
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own Risk .!!
HAPPY NEW YEAR..!! HAPPY TRADING !!
MANAPUPURAM ---MULTIBAGGER 2023MANAPPURAM -- Monthly chart setup - GOLDEN YEAR 2023
1. stock trading at Monthly upper channel , channel lower level support seen around 100-105 level from then continuation to upward channel
2. Gold price appreciation this year gold price hit all time high, that boost fundamentally.
3 . Normalized smooth MACD shown at positive crossover point
4. Double bottom support seen at trend reversal around 80-85 level
5. potential upside 50-80% from current level 115-118 target 150-180-200 n 1 year, stop loss bellow channel and trendline support at 75
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
** HAPPY TRADING. !!
MULTIBAGGER 2023 ---BHELBHEL --MONTHLY CHART SETUP -- potential multibagger 2023
1. BHEL pick as potential multibagger 2023 due to bullish techncial indicators on chart set up
2. Monthly Trendline breakout , Resistance Breakout seen on chart .
3. lower channel breakout seen around 40-45 sub level since then stock at uptrend following trendline at upper channel currently
4. RSI above 60, and above wma strong bullish indicator .
5. Golden cross of 44 and 200 hma , trading above 44, 100, 200 HMA
6. Potential upto 50-80% Upside from current level in 1 year timeframe
7. ENTRY .. 75-80 above resistence breakout level , TARGET 100-120-150 IN 1 YEAR , STOP LOSS 55
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk .!!
HAPPY NEW YEAR... HAPPY TRADING .!!