MANGCHEFER Multiyear Breakout Mangalore Chemicals (Mangchefer) has given multiyear breakout with volumes.
One can buy at Retest 105 with 80 as Stoploss.
All ideas are shared for Educational purpose only.
No Buy or Sell recommendation.
MANGCHEFER trade ideas
MANGCHEFER - Multi-year BreakoutKey highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Multi-year breakout
- Created a new ATH
- Retest zone: 90-100
- Any pullback towards 80 levels should be seen as a buying opportunity.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
#MANGCHEFER - Short term breakout#MANGCHEFER - Short term breakout
CMP - 109.20
Can be looked in the range of 85 to 100
OR
Only Above 115
Next Levels can be expected 125 & 160
View will be negated below 63
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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MANGCHEFER ready to give 80% profit💲💲I will buy MANGCHEFER because :
The price has broke the resistance nearly after 8 years
The stock is showing good volumes as well.
Entry : 106
Target : 80/60
Stop loss : 200/160
Looking awesome, isnot it? Keep on radar!Not SEBI registered. Charts produced are for personal reference only and not any recommendations.
Manglore Chemical Cup and handleVery strong breakout with volume support.
Buy on dips.
Considering very big SL only small position at current level can be taken and add to it on pullback.
Target : 106
SL: 86
Multi year breakout #MCFMulti year breakout in mangalore chemicals and fertilisers.
Stock seems obeying fibonacci pattern.
40% upmove expected in 2 months
Buy Manglore Chemicals for 200 levelsBuy MANGCHEFER, 110, for 180,200. Invalid below 90-88 breakdown on weekly closing basis. Multiyr breakout with volumes.
Manglore Chemical & Fertiliser bullish 7-7.5 Years Breakout !!!
Risk Reward is Too high here !!! atleast 1:5
Kindly check with any registered SEBI advisor before u trade
Manglore ChemicalsManglore Chemicals if able to cross 105 and sustain above it 1 week its 6 year old breakout
Mangalore Chemicals & Fertilizers Ltd - 21.03.2022Mangalore Chemicals & Fertilizers Ltd - 21.03.2022
The stock is trading @ 80 levels
There is a Inverse Head & Shoulders Formation in Weekly Charts (Neckline @80; Formation Low @ 64.65)
The prices are above EMA
There is a PIERCING PATTERN in Monthly Charts
RSI is 58 in Weekly Charts
One can initiate a BUY Position above 81 with support @ 76
Watch out for the price action
Cup & Handle Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Cup & Handle Breakout in MANGCHEFER
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: MANGCHEFER for more than 5%
Mangalore Chemical Stock AnalysisMangalore Chemicals
Buy above 85
Target:- 92/101+
SL :- 73
Cup & Handle Pattern
Breakout with Good Volumes
Contact your financial advisor before taking any investment decision.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Mangalore Chem & Fertilizer - Short term S/R Breakout BUY GUIDANCE:
Never buy before 3PM (for positional trading). 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.
#MANGCHEFERlooks good for long if breakout of @75.50
With SL 71.4 (take only after breakout),
Education purpose only.
Mangalore Chem: Can it be the next Deepak NitriteThe stock has had a long build up through the entire month of June since it dropped down from its all time high of 101 which was hit on 14th may and now its trading at 82. It has consolidated for the entire month of June and its a dormant volcano which can burst to the upside any time. Let me show you an interesting comparison with deepak nitrite. Deepak nitrite high o 1988 on 6th May and a week later mangalore chem hits a high on 14th. Mangalore chem is forming an exact same pattern like deepak nitrite and the good news is that Deepak nitrite again hit a high on 8th May so you know what I am talking about. You can enter at CMP keeping a target of 100 and a stop loss of 70.
Message me or comment for faster updates. I am not a financial advisor and this is for educational purposes only.
MANGCHEFER: 125 Days of VCP Pattern FormationNSE:MANGCHEFER
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
