Huge volume seen in this counter with stock moving up by 5 % in a day the stock has a resistance at 955, crossing it we can see the targets mentioned in chart the stock is weak below 899
decent company with good business Triangle formation about to complete
This scrip has been choosen for short Term pick as it took support and reversal given. So traders add this scrip to your watchlist and try to capture the momentum. Thanks to all 🙏🙏🙏
NSE:MMFL #NSE:MMFL Given 2yrs Long Resistance BO. Chances to get a small pull back and bounce. Marked the levels on chart. Already shared the same stock @ 669 entry in Feb'22 and those who taken entry are enjoying profits. New level might be the good choice in trending market and all dips are good opportunities to average if any. Happy LEarning !!
Mm Forgings Limited 1. A clear neckline breakout from multiple rounding bottoms, a cup-and-handle pattern 2. Very High volume 3. Trend is up Fundamentals: 1. PE Ratio is half of the industry PE 2. PB Ratio is just 4 - cheap
Chart -> M.M. Forgings Daily After hitting 5 times to the same resistance, finally it has given a breakout with huge volume. Because it broke out after trying 5 times, all the bearishness is left behind. CMP: 970 Targets: 1100, 1150 and more SL: 910 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI...
volume jump with price movement and chart pattern BO
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on...
if closes above 960 than can buy for swing trade stoploss below 930 Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
M M forging. CMP: 910 (buy above 940) sl: 730(wcb) target: open Note: educational post
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Range Breakout Buy M.M. Forgings Closing Price - 717.1 Buy 30% At Cmp Buy 30% If Price Drops To 665-675 Buy 40% If Price Drops To 615-625 SL - 525 (WCB) Target - 905/1000/1100
Breakout in MMFORGINGS IN Daily timeframe. One can enter now for a target of around 1214. DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
Go Long on MM Forgings, good consolidation, and now pricing breaking out of range. R:R - 2:4 ATR
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA - SL can also be maintained as 1% or closing below the low of breakout candle Levels mentioned on the chart are...
Consolidating Nicely. Looks good @CMP. Trading above all key EMA. Nice accumulation can be seen.