MENONBE trade ideas

saurav0991

VCP in Making X weeks X Range above 144 1) SeemS perfect Entry 2) 20 % Gain quick 3) LEts see Note: 144 * 1.10 applied

OPTIONHUNTERR

buy menon at 120-25 range with target of 170 in 6-1 year period. support at 120

Marketik

-strong support from lower trend -rsi rising and now near upper resistance should break with stock momentum -rise in volume and adx shows strength in momentum -keep in radar it can give good return if follows my analysis

kumardkp123 Updated 

as per risk ..one can observe pending upmove in this.. decide on ur own ..risk ia your posted as trend pattern analysis learingn only..

KuberPriya Updated 

Stock has tested 124 multiple times, I see possible breakout without retracement. One can enter now at cmp or enter at 1D breakout candle... FOR TARGET 185 i.e 93%

CuriousChartist Updated 

Volatility Contraction Pattern has been observed here. Higher High - Higher Low setup MACD is supporting this bullish set up. About 40-42% is up for grabs

nilakshgupta

BUY - MENON BEARINGS LTD CMP - Rs. 135 Target - 1: Rs. 180 Target - 2: Rs. 230 Target - 3: Rs. 320 . . Technicals - Cup and Handle Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!

dhruvnarola

Menon bearings have shown some sort of pull back at the level of 92.50, thus it would be the stop loss. A small stop loss and with a bullish view of 5-7% momentum up to the price of 104. thus the target is 104 and stop loss is 92.50

TradingWithVerma

Company:- Menon Bearings Limited Rsi:- greater than 57 volume rising on green candle and lower volume on red candles. Stock has given breakout of Jan 2022 level on 6th September and after that stock went in one sided upward rally. Now consolidating since 1 month. Strong seems to be ready for another upward rally. Buying range :- Accumulate Stock in range of...

ARJ_TRADER537

Menon Bearings Ltd- Trendline Breakout Daily Time Frame. Only Education Purpose.

Trading_Freaks

MENON BEaring ANalysis Falling Wedge Pattern As per the pattern we could see up move in coming days above 86 level

mahhisingh

wedge pattern breakout done. entry can be possible today at 9.15 Stop loss - low of yesterdays candle{74.5} target-1st 97, 2nd-110

Afzal_shaz

After breaking range it can give good momentum keep in radar With volume

abhijithraj8

Breaking 52w High with good relative strength. The immediate target would be the previous high with SL at the previous week's low. Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

mightymunna

entry - 97.25 - 97.50 sl - 10% tp - 30% or all time high

nandagopan454

Menon Bearings Limited is engaged in the manufacturing of auto components. The Company's products include bi-metal engine bearings; two-wheeler engines, and compressors for refrigerators, air conditioners, and others. the stock has created a 52 week high with volume, creating a Darvas box that can be considered for a short to medium trend trade with proper risk to reward

VR46_TheDoctor

#menonbearing Menon bearing is forming Inv Head and shoulder on daily charts. Entering and adding all dips till 87 #vr

OmkarBanne Updated 

CMP: 87 Knocking at the resistance. Good volume activity Support: 70