MOL trade ideas
MOL megh organics again giving inv h& s pattern 1 hr chartas posted last time parallel channel
b.o. but gone down again guving inv h& s pattern
watch it above resistance line
posted as kearnibg techno
mol longuptrend
breakoout
volume
major tl break and retest
volume profile
fibo 50
EDUCATIONAL PURPOSE ONLY
MOL MEGMANIORGANICS LTD ..channel b.o. will it continue upmovewatch to learn chart pattern and trend analysis.as longterm.
market always risky.
risk is ur decission is ur
posted as learning movement trend pattern analysis .
confirm at ur end technical fundamental.
MEGHAMANI ORGANICS Daily Chart Pattern 27.11.2021MEGHAMANI ORGANICS as per daily chart pattern analysis is in the down trend channel and so far it tried twice to break the resistance level and thrice taken the support level. And on 26.11.2021 it has made strong candle. After breaking the channel once it crosses above 118 level then target 125 level. Considering market weakness be carefull in entering any new stocks as its all under correction. Keep short target and exit the positions to keep your capital safe.
MolMol giving Breakout with a high volume.
And trend line breaking
Promoter continuosly buying there shares frequently from 17 Nov. Buy at 103 hold for 2 to 4 days.
AB=CD PATTERN The ideal AB=CD pattern is equal in time and price, with point D being an Fibonacci extension between 127%-161.8% of the B-C leg.
and we got this confluence point with channel bottom hence holding 100 can lead to upmove..
short term targets 122-125
Meghmani Organics : Resting on the hourly SupportMeghmani organics has beautifully taken support on the hourly SR line.
Ideally should bounce from here. Chemical / API shares took sort of backseat today due to expiry and focus on largecaps and after phenomenal run.
Meghmani Organics has not yet participated much in the onging rally.
