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Munjalauto

Munjal Auto : Swing Trade#MUNJALAU #swingtrade #volumedry #momentumtrade MUNJALAU : Risk Reward - 1:2 >> Trending Setup >> Momentum Pick >> Volume Dried up >> Good Strength in stock Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:MUNJALAULong
by moneyfesttrading
1
MUNJALAU- ATH Breakout and RetestMunjal Auto Ind Technical Analysis: All-Time High Rejection: The price initially faced resistance near the all-time high level, resulting in a rejection and pullback. Consolidation Before Breakout: The price consolidated for a significant period, indicating accumulation and forming a base before breaking out. Breakout with Massive Volume: There was a strong breakout above the previous resistance level, confirmed by a surge in volume. This indicates a high probability of continuation to the upside. Breakout Retest: After the breakout, the price has pulled back to retest the breakout level. Such retests are common and provide an opportunity to enter if the price shows strength. Bullish Candle at Breakout Level: The presence of a bullish candle at the retest level suggests that buyers are stepping in to support the price, making this a potentially strong entry point. Entry, Target, and Stop Loss Levels: Entry Level: The ideal entry is at the current price level, around ₹124. If the price confirms a bullish reversal pattern, you can consider entering above ₹125 for additional confirmation. Target Levels: Target 1: ₹138 (Short-term resistance level). Target 2: ₹150 (Next potential resistance if the price continues to trend higher). Stop Loss: Place a stop loss below the recent low or below the breakout level. Suggested stop loss range: ₹112 - ₹115, to protect against downside risk in case of a failed retest.
NSE:MUNJALAULong
by Profit_Trader25
MUNJAL AUTO.. Humare Portfolio me Aao TohThe company is among the largest manufacturers of Exhaust Systems in the world, manufacturing close to 32,000 systems per day. Besides this, it also produces more than 10,000 Spoke Rims for motorcycles and Steel Wheel Rim every day. Clientele The Co. has a wide customer base that includes Hero Moto Corp, Tata Motors, Piaggio, Bajaj Auto, Royal Enfield, and Wuling Motors(MG). Technical: Nice multiyear base has been formed. Breakout and Retest Done.
NSE:MUNJALAULong
by CannySunny
MUNJALAU - Ichimoku Bullish Breakout Stock Name - Munjal Auto Industries 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 55. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:MUNJALAULong
by nikunjbhadja
2