Mangalore Chem & Fertilizer 6yr BreakoutGood long term chart. The sector is moving.
Looks poised for a clean breakout.
SL: Below BO Candle
TGT: Breakdown for 20MA on Hourly chart (on a daily close basis)
MANGCHEFER trade ideas
MANGCHEFERThis stock is been in bullish trend since JAN 2021. And retraced in last few sessions now it is taking support of 15 SMA which shows a bullish momentum is to be continued. Buy above 83, SL 78, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Mangalore Chemical and Fertilizers Looks a good BuyMANGCHEMFER given a multiyear breakout one can buy with a target of Rs. 130 and SL of Rs. 65 nearly 1:2 risk reward
MANGLORE CHEMICALS: 7.5 Yr Parallel Channel Breakout! 🚀🚀My previous idea on this scrip gave bumper 63%!! This time it is all set again to boom! Trendlines are marked. Since its a monthly TF, a very big TF. This is all set for investment and long term swing trade.
Go Long - Mangalore ChemicalsLong term resistance broken after few attempts on New year Day. C&H pattern also visible. Above long term MAs. Good monsoon may aid. Go long with a stop of 39 for Medium term.
MANGLORE CHEMICALS & FERTILIZERS: 2 Yr+ Trendline Breakout! 🚀🚀Trendline is marked. Volume is excellent and candle formed in daily TF is completely bullish too!
Go Long!
BSE: 530011 | NSE: MANGCHEFER
Previous Close as on Thursday, January 25th, 2018, 3:40 PM: ₹75.10
Buy at: ₹74*
Stop-Loss at: ₹70
Target Price: ₹80
Duration: Within 1 month
*Buy only if the stock has touched this price while rising. The stock may correct beforehand and then start its upwards trend.
Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the stock market.
MANGALORE CHEMICAL (MCF) buy setupBuy MANGCHEFER at CMP (76+) and on dips upto 70
T1: 104
T2: 125
T3: 140
T4: 162
SL: 59
Manglore Chemicals and FertilizerOne more fertilizer stock near beakout, look for price volume action for confirmation
