MIRZAINT Price Action Taking support at previous swing low. Likely to move UP
Cmp 51, Target upto 68, SL 45 closing basis
MIRZAINT trade ideas
MIRZAINT:Rounding bottom in weekly chartMIRZAINT:Has formed a rounding bottom in weekly chart.If sustains above the neckline levels of 55,surge n volume n longer frame chart suggets a move towards 60-65+
(For educational purpose only)
BOUGHT #MIRZAINTBought mirzaint after the break of consolidation and tightness and give 20% in a single day and volume buildup and showing strength
MIRZAINT : High Risk High Reward Trade#MIRZAINT #swingtrade #momentumtrade #vcppattern #trendingstock
Mirza International :
>> Good VCP Pattern & trending stock
>> Good Volumes Building up
>> Good Relative strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
trend reversal on cards1. first sign of reversal with first HH-HL formed
2. Price closed above 20//50//200 dema
3. low cheat entry triggered
MIRZA INTERNATIONAL - PORTFOLIO STOCKMirza International looking very good as a MULTIBAGGER STOCK to add in your portfolio.
My target will be double in coming months.
Near 200 EMA
Chances are very high for a perfect bounce.
|Mirza International |Momentum in stock| Analysis|Since breakout (May'22), the stock given a return of 100% and retrenched to fib level. On analysis the chart the on shorter time frame, solid strength visible for long term investment and expected target will be Rs 580.
The stock was consolidating in range of Rs 219 – 260 from past 3 months, clear resistance breaks visible in chart.
Golden Crossover, the moving average crossover of 50 & 200 showing confirmation of a long-term trend and volume confirm the strength in breakout.
Thanks
-AJ
Disclaimer: The chart analysed for educational purpose only.
#MIRZAINTMIRZAINT Is it upto something?
LowerLow done which was marginal and HTF in momentum
Can it move upside?
Is Mirza international at sweet spot for buying purposes?The Redtape shoe-making company has given solid returns over the past year, increasing the investor's wealth by 5x but is it the right time and place to buy the stocks?
The chart clearly shows a good rally but it is falling down and if you take the help of Fibonacci retracement then you can clearly see it had taken support at .6 levels.
The best place to buy the stock would be around the 30 to 32 price level because there is strong support at 30.
Apart from this, if you look at the book value of the stock that is 32. So, it double confirms the level for buying the stock at 32 price level.
Strong Rejection after retestMIRZAINT
- After a Correction the stock took support at Fibo 50%
and formed a base
- Huge Volume during BO and dried up noticeably
during correction
- Big Volume rejection at Retest with Runaway gap
- Above all major EMAs and Bullish RSI
Avwap pinch @ brain shanonAvwap contraction CAPTURED from previous ath breakout at 182 and fresh ATH 375
WITH PRICE HOLDING PREVIOUS RANGE ATH WITH LATEST HAMMER ON WEEKLY.
LONGS CAN BE INTIATED ABOVE 276 WITH AN SL OF 255 PREVIOUS SWING HL.
Rejection after retest- after a good BO the stock pulled back with dried up volume and now rejected at the retest
- Increase in volume
Retesting the BO zone- Gave a Strong BO of rectangle + TL
- Big Follow up volume
- Pull back with dried up volume
Disc :- Wait for a strong rejection at retest
How to approach a breakout vs fakeout trade | MirzaIntI daily make educational content videos for financial markets for swing trading
Mirza international ..... consolidation breakoutThis stock has broken out of a consolidation zone with good volumes .looks good for a buy. Targets and stoploss mentioned on charts. This is just my view trade according to your own risk management & consult your financial advisor before taking the trade.
MirzaInt#Mirzaint creates a #range and when the close above 265 with #stoploss 230 then #targets are 300-325.
Swing trade... Education purpose only. Swing trade... Breakout done... Target 10% to 15 %.
Stop loss is based on your risk management.
This is only Education purpose.
Not an advice to buy.
Thank you....
MIRZAINTMIRZAINT
Descending Channel Pattern
harmonic pattern
Volume formation
Support at 220/225 level
Resistances to watch 270
MIRZAINT on Breakout; above 261.5 for Intraday on WednesdayMIRZAINT on Breakout and with good volume; above 261.5 on Wednesday 15th Feb for Intraday gains
-------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
MIRZAINTBuy @ cmp 309_299 | DCBSL 266 | Tgt 332 / 360+
Rising from good trendline support. May form Symmetrical Triangle Pattern
Which Footwear Companies is Outperformed Nifty From 17.06.22 ?From 17/06/22 Below mention #Footwear Companies is #Outperformed #Nifty : -
1. #LIBERTSHOE (149.73%)
2. #CAMPUS (93.25%)
3. #METROBRAND (74.34%)
4. #KHADIM (70.60%)
5. #MIRZAINT (47.16%)
In Footwear Stocks, above mention 5 stocks Outperformed Nifty by huge difference. Keep in watch list. Which Footwear companies are you bullish on ?
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
MIRZA INTERNATIONALMIRZA INTERNATIONAL
21 EMA Support Multiple Times
Price Rejection seen at Support
RSI at Trend Line Support
In Uptrend From a long time
MIRZAINT - Ichimoku Bullish Breakout Stock Name - Mirza International Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 345.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
