MAPMYINDIA trade ideas
MAPMYINDIA#MAPMYINDIA has taken the support from the 50 Week MA once again. Look how the stock bounced after closing above 50MA in the past.
MapmyIndia for 200%+ gainsDate: 28 Sept’24
Stock: MapmyIndia (CE Infosystems)
Timeframe: Daily chart
MapmyIndia seems to be in Wave III of 3 which is heading towards 5000 levels (2.3X of current price of 2160) as seen in the chart. This is a long shot but it is what the chart tells me. The company listed on bourses in Jan 2022 around 1900 and is around the same level in Sept 2024 while sales and operating profits during this period have almost doubled. Possible in next 1 year?
We shall however review it in due course of time.
This is not a trade recommendation. Please do your own analysis. I am not SEBI registered analyst.
#MAPMYINDIA take a support and ready to fly 20%-25%MayMy India take a support after long falling , it may be fly in coming 1-2 month to reach 2500
Map My India Bullish ReversalIf the price crosses above 2151 then entry will be taken stop loss at 1975 and target 2550.
Condition Price must cross 50 EMA then momentum,
Elliot Wave has completed the ABC correction in 4th wave now the 5th wave may come.
This is only study purpose not recordation.
MAPMYINDIA in buy zoneMapmyIndia has been retracing over the past few days and has now reached the end of its reversal. Be prepared to capture this stock in its buying zone. It has the potential to rise 35% to 40% from this point. All levels are indicated in the chart.
BREAKOUT IN MAPMY INDIA📌SWING TRADE FOR NEXT WEEK🚀
Hello Traders⚡
I am a Swing Trader by Passion i only trade on Momentum Stock's.
📌I Post Daily SWING CHARTS Analysis on My Trading view profile..
So let's Start
📌TRADE ANALYSIS OF -MAPMY INDIA-
• Potential Breakout Chart
• VCP Pattern
• Short Range Consolidation
• Price Can Take Retest from support Line
• Overall The Price Is Moving In HH-HL Formation
• Volume Buildup Near BO Zone
• Looks Good For 10-20% Upside Levels After The Breakout
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📌Disclaimer:-
This all charts analysis are only for educational purposes only
I do not provide any CALL or Tips
Long MAPMYINDIACompany is performing well with strong financial results and a positive outlook.
Management is optimistic about future growth and profitability.
good strength, sustaining above second breakout.
cmp 2442
sl 2280
target 3200
MaymyIndia - ATH Breakout MapmyIndia has given a breakout with big volumes. We can see price movings towards 3500. Other factors:
1. Super volumes at the time of breakout
2. RSI is above 60, showing bullishness
3. MACD is positive
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!!
MAPMYINDIA chart of the weekWith lifetime high breakout, its showing solid strength, only for education purpose, do your own research
C.E. Info Systems Ltd (MAPMYINDIA) - Breakout Setup, Move is ON.#MAPMYINDIA trading above Resistance of 2494
Next Resistance is at 3427
Support is at 1717
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Amazing breakout on Weekly / Daily Timeframe - MAPMYINDIA
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
#MAPMYINDIA #NSE - BREAKOUT ALERTC.E. INFO SYSTEMS LTD
GAP UP.
Breakout from long base.
High volume
52 week high.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
MapMyIndia-A multibagger stock for a swing tradeMapmyIndia is one of my favourite stock among small cap IT sector which has now done a breakout retest and is available at an amazing price.
If stock gives weekly closing above 1900, we will see ATH levels soon. However, I expect bigger targets from stock as given on chart.
A very good investment stock as well since the company provides API solutions as a cheaper alternative to google maps. Just a personal opinion shared for educational purposes.
MAPMYINDIABased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
MAPMYINDIA LONGMAPYMYINDIA cstock is
1. Near 200ema support
2. Near IPO price
3. Nera Resistance turned Support
4. Divergence in Momentum
Mapmyindia leading to 3000Mapmyindia after BO retested and now moving towards 3000 safe traders above 2080
Map My India - BullishTrading on a breakout zone.
Targets have been marked.
Long-term view
Note: This is not a recommendation
C.E.Info Systems(MapMyIndia) Ascending triangle patternNSE:MAPMYINDIA
Ascending triangle breakout in MayMyIndia.
Forming double bottom and trying for breakout, can gain very good momentum above 2075.
Triple top breakout if closes above 2075.
Earnings release beats market expectations.
Indicators:
RSI looking good above 60.
Buy above 2075
TGT: 2350+
Note: Only for education purpose, No BUY/SELL recommendation
MAPMYINDIA - Ichimoku Breakout 📈 Stock Name - C.E. Info Systems Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2036.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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"MapmyIndia Stock: Bullish Reversal from IPO Price A long position opportunity presents itself in the cash market stock MapmyIndia, as a reversal is observed alongside a bottom formation from its IPO price.
*Technical Analysis:*
MapmyIndia's stock price is showing signs of a bullish reversal after experiencing a period of consolidation near its IPO price. This reversal is supported by a bottom formation pattern, which often indicates the potential for an upward move. Additionally, key technical indicators may confirm the reversal and suggest a shift in momentum towards the upside.
*Trade Setup:*
For traders looking to capitalize on this bullish opportunity, the accompanying charts provide precise target and stop-loss levels for effective risk management and potential gains.
*Target and Stop-loss Levels:*
- *Target:* Potential resistance levels on the charts suggest an upside target for the trade, reflecting the anticipated bullish momentum in the stock.
- *Stop-loss:* A predetermined stop-loss level is established to limit risk and protect capital against any adverse price movements.
*Conclusion:*
MapmyIndia offers an attractive opportunity for a long position in the cash market, backed by a strong reversal pattern and bottom formation from its IPO price. Traders are encouraged to conduct their own analysis and consider the provided target and stop-loss levels to manage risk prudently while aiming for potential gains.
Disclaimer: Trading involves inherent risks, and individuals should conduct their own research or consult with a financial advisor before making any investment decisions.
