#MonteCarlo shares breached the resistance of 740 last month with higher volumes.
Then after retracing it tested 740 as resistance and now moving upwards. I expect a new life time high above 830 in coming weeks
#TradingIdeas #trading #investing #stockmarket #stockstobuy
Stock Name - MONTE CARLO FASHION
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 CMP
and more bullishness will be visible after it cross 820
#This is not Buy and Sell recommendation to any one. This is for education...
NSE:MONTECARLO
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
Small trade opportunity in MONTECARLO. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately.
Target 1: 900
Stoploss: 730
Happy Trading!
8 Years #Multiyear #Breakout in #MONTECARLO (Monte Carlo Fashions Ltd). #MONTECARLO is #Outperformed #Nifty in current scenario.
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines. The upper trendline connects the swing highs in price, while the lower trendline connects the swing lows. The...
Stock Name - Monte Carlo Fashions Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness and
can touch at 730
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading...
NSE:MONTECARLO
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
The stock has made a double bottom pattern and given a trend line breakout with volume.
Buy abve 624 level for another 3-5% upmove.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day...
Entry possible above breakout range(670-75).
sl up to you
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 21.14%
🔹Technically looks good(Multiyear breakout)
🔹big hands entered recently
study then invest🤍
Thanku
