TRIANGLE BREAKOUT Breaking out of it will lead to easy 10% move
Buy as per your own analysis. Just sharing my views...
Chart is self explanatory
MOL trade ideas
MOL reedy to shoot u; Min 40% roi; short term; investmentFundamentally good stock,
Good For short term investment in cash market'.
Leave a " Like If you agree ".👍
.
Entry: 107 / 95
target: 113- 120- 130 - 150
sl: 95
major stoploss / support: 90
.
.Try wait for Weekly candle close.
If you are intrested to invest now " go for it with proper SL"
.
Enter only after breaking & close above " Yellow box" mentioned.
'
'
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
Refer old ideas attached below
MOL - TURNAROUND POTENTIAL WITH A FALLING WEDGE BREAKOUTHi All,
The idea is about Meghmani Organics
ABOUT THE COMPANY
Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.
TECHNICALS
The stock has been in a falling wedge pattern & has given a breakout. The breakout was sustained & has been testing first level of resistance at 88.65 multiple times.
Once it breaks it can move to 93 where next resistance lies
Fundamentals
Not a good last year but sales/profit showing symptoms of turnaround which is evident in price action
Thanks,
Stock-n-Shine
MOL looking good on dailynice volume in the past days,
it has been in consolidation for the last 550 days.
upcoming restances are 89, 95 and 105.
good close above 105 will make it stage-2.
Inverted head and shoulder patternInverted head and shoulder pattern with good volume's
retest taken from the drawn level
Note: This is my research, do your before trade.
MOL- VCP in Making 6 months keep for 1 year +MOL- VCP in Making 6 months keep for 1 year +
1) Consolidation
2) pb < 2
3) Ready to Rocket
Jai Bholenath
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in MOL
BUY TODAY SELL TOMORROW for 5%
MOL Trade st up with 1:7.9+ RR1. Set up: Breakout
2. Accumulation phase over
3. RR: 1:7.9+
4. Bottomed out
5. Big rounding bottom
MOL - 2 Years Downtrend / 1 year consolidation BreakoutMeghmani Organics Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15.
4) Recommendation - Strong Buy
MOL Weekly breakoutMOL (Meghmani Organics Ltd) Weekly chart. Breakout of one year range with increasing volumes. Can enter after retest
Meghmani Organics LtdMeghmani Organics Ltd.
ABOUT.
Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.
It also manufactures a wide variety of commonly used pesticides for crop and non-crop applications, this include insect control in wood preservation and food grain storage.
meghmani.com
Meghmani Organics Ltd. Weekly chart. Coming out of Accumulation.Coming out of Accumulation.
90-94 zone good to add. 83 as SL.
MOL into Stage2MOL is getting into stage2 coming out of stage 1 with a good consolidation of 1 year.
good price action in last 3 days.
wait for retest of 95.
good accumulation in the last 2 months.
watch out for todays close for weekly breakout confirmation.
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : On result day trail your SL at 15Min Time Frame
Meghmani-150+ levels possibleMeghmani Organics has given a breakout of downtrend with volumes. Should reach at least 150 and post that can move towards 250 levels. Buy on dips.
BREAKOUT, MEGHMANI ORGANICS, 50% RETURNS!!!BUY - MEGHMANI ORGANICS LTD
CMP - Rs. 90
Target - 1: Rs. 113
Target - 2: Rs. 128
Target - 3: Rs. 137
.
Timeframe - 4-8 months
.
Technicals - Moving Average, Line Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
MOL Strong Volumerallied more than 10%.
huge volume on daily chart.
looks like closing above 200DMA.
above 95 will make it stage1 breakout.
seems like bottomed out.
MOLMOL
LOW Risk to Reward Candidate
CMP 80.75
Dips to 78 can be bought
SL @73
TARGET 90
Breakout above 90 should bring in trending moves.
MOL 3 touch supportcurrently at previous support level.
it has been trading in 75-95 range for a quite sometime. expecting in the same consolidation for some more time.
currently positioned good for swing position, better risk reward.
consolidation mode on weekly timeframe.
MOL ready for short term breakoutit has been consolidating in a shorter daily range near resistance line
breakout here will open up 10% upside potential.
BREAKOUT, MEGHMANI ORG, 56% RETURN!!!BUY - MEGHMANI ORGANICS LTD
CMP - Rs. 84
Target - 1: Rs. 109
Target - 2: Rs. 131
.
Timeframe - 6-8 months
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
