Flag and Pole PatternAfter a long consolidation, the chart looks good for breakout and decent targets at hitting hidden trendline. The final target is 40%, which takes some time though.
This is just for education and not a investment advice.
MAHSEAMLES trade ideas
Multiyear breakout with Bullish Flag PatternStock gave a multi year breakout with decent volume with bullish flag pattern.
Buy Price : CMP or 540
Target : 700
SL : 480 or swing low
Target 3 (49%) achieved in Maharashtra Seamles. Target 4 is ON..This is follow-up on Maharashtra Seamless. Can check link to related ideas.
Target 3 achieved. More than 49%. Target 4 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. Please consult your financial advisor before taking any trade.
Set up for the strong move - MAHSEAMLESstrong prior move of 70%
4 weeks flat base with shakeout
flag pattern
volume contraction
pocket pivot last session with volume > 50 day AVG
good above 536
MAHSEAMLES - Positional Long1. A good breakout with volume confirmation on the run up
2. Currently steady consolidation
3. 52W high
MAHARASHTRA SEAML Swing TradeNSE:MAHSEAMLES Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
MAHSEAMLES - LongGood triangle pattern break out with volume after a long consolidation.
Long above 383
T1 455.85
T2 530
SL 315.55
Maharashtra Seamless...buy!!The stock is showing great strength .Its a good buy as RSI is above 75 and high volume of buying is seen in last 2 days. Expected levels are hared on shart.
Target 2 (40%) achieved in Maharashtra Seamles. Target 3 is ON..This is follow-up on Maharashtra Seamless. Can check link to related ideas.
Target 2 achieved. More than 40%. Target 3 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. Please consult your financial advisor before taking any trade.
MAHSEAMELES: BreakoutScrip has break-out resistance with good momentum from support; hence looking good for LONG at 372 with SL 350 and RR 1:2.
Target 1 (14%) achieved in Maharashtra Seamles. Target 2 is ON..This is follow-up on Maharashtra Seamless. Can check link to related ideas.
Target 1 achieved. More than 14%. 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. Please consult your financial advisor before taking any trade.
Volume Plus price action seenA similar setup was seen in Sirca paints which is posted earlier. This is even better with volume breakout on daily and multi week b/o in weekly chart. Trail 20 EMA here for short term and 299 as sl for weekly closing basis. Can see 450+.
MAHSEAMLES LONGChart is self explanatory, inverted head and shoulders pattern breakout followed by a retrace
Entry:CMP
Targets 342, 354, 380
Stop loss: 307 (closing)
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT IT!
MAHA SEAMLES TARGET ACHIEVED (19%)Target 3 achieved in MAHA SEAMLES OF 19%+
Buy call @323 with third target at 382
Target achieved today!!!
19% achieved!!!
Breakout in Maharashtra Seamless...Chart is self explanatory. Entry, Targets and 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. Please consult your financial advisor before taking any trade.
Bullish NSE:MAHSEAMLESBuy = 375
SL = 340.7
Target 1 = 443.6
Target 2 = 477.9
04/10/2021
Bullish NSE:MAHSEAMLES-->Maharashtra Seamless Ltd
Buy for short term
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON MAHASEAMLES.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Maharashtra Seamless coming out of resistance zones 355-375 closing above 375 on weekly basis can lead the stock to 450-550 .. add at cmp and on declines to 350 stoploss 320
MAHSEAMLES - LONG buildup after 10Months consolidationMAHSEAMLES - LONG Setup after 10Months consolidation
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-- Breakout with huge volume
-- Buy on Retest and/or Resistance break zones (white checkbox)
-- Enter only when the price to sustain above the levels @ 4HR+ timeframe.
-- Exit if the price closes below yellow channel lines.
Caution :
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Smallcap stock... Prefer allocating around 5% of your capital. Learn Risk management and please consult your financial advisor to know more about the share market and the risks associated with buying / selling shares.
Maharashtra Seamless - Very good R:R
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
MAHSEAMLESS - Cup Accumulation PatternMAHSEAMLESS entering into Markup phase from Accumulation phase. Volume and RSI supports the move. Could be a good candidate for LONG
