MAYURUNIQ trade ideas
MAYURUNIQ: Observation for Investment.Candle Pattern: Harami Cross Bullish.
Volume: More than 3X 20d avgerage.
Observed Divergence in some of the technical indicators & oscillators. ( RSI , MFI, OBV, W%R etc.)
Potentially Strong Above @ 418 - @ 420Treat as Swing Trade Hurdle level.
Once closed above @ 420 with Volume Strong UP move.
Witnessing Strong Volume in Last trading session.
Regular Dividend Paying Company.
...... levels for trade mentioned on chart.
Education purpose only.
mayur uniquoters ready-a wait from the candle stick confirmationDisclaimer.. invested
upside targets if markup is initiated..
1.from point and figure chart..
2.using fibonacci extensions for the cycle wave 3 .. the 161.8% and 175% should be a conservative estimate for the markup bull run
not an investing/trading recommendation
Eq Triangle: probability of upper break is highAFTER BREAK TARGET (110 + Price at Break Point)
* It Must close above 530 for upper break and below 559 for lower break other wise above target remains invalid.
Disclaimer: Not invested, Not an investing/trading recommendation, do your own analysis before taking investment decision.
MAyur Uniquoters- A 4years accumulation saga!Disclaimer.. not invested, researching fundamentals at present, will definitely make entry if satisfied with the business
Not an investing/trading recommendation, do your own analysis before taking investment decision or seek professional help.
MAYURNIQ fails to breakdown and moves higherMarket failed to break down and auctioned higher. Bounce from 440 area shows keen interest from higher time frames to auction the price higher. Buy area is shown as a green rectangle box. The initial stop is at previous low 487. Looking to book half position around 558 - 568 level and hold the rest with trailing stop loss.
Mayur Uniquoters The stock has given a good clean break out after a good round of consolidation. The stock can be expected to do well going ahead.
