Chart -> MIDHANI Daily
Inverse head and shoulder breakout with volume!
CMP: 225
Good Range: 210 to 225
Target: 263.50
SL: 206 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
In near term there is correction in stock and can fall close to 190 - 195.
Once the stock closes above 214 then we can go long. Also fundamentally a new manufacturing plant is starting in 2023 which raises the forward PE for the stock.
This has been accumulation since last 2 years and havent participated in rally. The defense local manufacturing will make it...
The stock has lately given a 3-year-old trendline breakout with huge volume. It has consolidated for 3 years in the range. Keep a watch - buy above 237 (carry on day closing basis) for a positional target of ATH (278.5)
Learn & Earn,
Dr. Tanya Kumar
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
NSE:MIDHANI
Entry : Above 212 on closing basis
Target : 224, 235, 248, 265 & 278
SL : Closing Below TL or According to Your Risk Management
Reason for Trade : TL Break Out with Moderate Volume & Upcoming Divident |
Maintain position Sizing | Keep strict SL | Book on each Target & Trail your SL
I am not a SEBI registered analyst, All scripts posted here are...
Breakout in MIDHANI In daily and weekly timeframes.
Entry: 202
Targets: 220 & 250
DISCLAIMER: The ideas are only for educational purpose. I am mot SEBI registered.
Midhani - After a long consolidation and respecting it's previous supports for multiple times, I am hoping to see Mishi fly this time with flying colors. It also has a trendline breakout and there are multiple confluences to bet on this stock.
#MIDHANI
Buy-Above 190
Sl-170
T-220 240 265
The stock has made a base bear 180. Trendline is about to break. Sl is small here. RR is too good. 1:2 will be met on our 1st target itself.
Midhani is consolidating within 40-50 range since last 1.5 year. Seems 170 is a strong support. Can be a long candidate if breaks falling trendline & sustain at their. PSU /Defense sector & Disinvestment connection can bring quick fireworks.
