what do u think about this stock? personally i think its good above 118 20% sl 50-50% tp
Mangalam Drugs has been attempting to break the 155 level, with its previous attempts getting rejected. But this time, with the solid foundation of a Double Bottom base, & a Symmetrical Triangle formed near the resistance zone, the chances of a successful breakout increases. Following points to note before initiating a Long...
Stock looks good to Buy at current price. The support level of 105-102 is seen which is string multiyear support level. We can see a swing action till 144-147 levels in upcoming days. At this level a strong RSI divergence is seen with price.
is consolidating in a triangle pattern .Trading is the buying and selling of securities, such as stocks, bonds, currencies and commodities, as opposed to investing, which suggests a buy-and-hold
MANGALAM DRUGS - Swing trade Added Mangalam Drugs at 147 SL 140 DCB TGT 62
NSE:MANGALAM BSE:MANGALAM Time Frame – Weekly Observations :- * Consolidation & Range formation going on above weekly 200 SMA in 95-197 zone * Inverse HNS Pattern formation seen on weekly/monthly time frame * Since last 3 months consolidating in 163-135 range * Taking good support of Weekly 200 SMA *Major range BO above 197 & above HNS pattern neckline...
Mangalam Drugs And Organics Limited all levels given clearly in chart, please trade based on ur own analysis with risk and reward....
Great setup Invered C&H in all Time frame M W D need closing above 163 Ultimate target can be achieves of 400. for study poupous only.
I daily make educational content videos on financial markets
simple form of inverted head and shoulder in daily time frame right shoulder make flag and pole and now breakout of right shoulder is coming so go long 2 green line - target 1 red line - target 2
MANGALAM is good for short term investment
Beautiful Set up Expecting 300 first and then probably will cross ATH
This scrip has formed Flag pattern and it is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
angalam Drugs for a downside target of 100 AND 80