MTEDUCAREsymbol MTEDUCARE
company mt educare
type gamble
price 4.3
date of entry 09-02-2024
risk market slowdown
MTEDUCARE trade ideas
BUY CALL Double bottom. Short term trading
Green monthly support
Red weekly resistance
Positive sign in volume.
TP:- 10.5/11
MT EDUCARENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
MT Educare Flag Pattern Formed. Breakout or Breakdown expected.Flag Breakout Target : Rs. 20.70
Flag Breakdown Target Rs. 3.40
MTEDUCARE, LONG,TARGET-88, STOPLOSS-65TRIPLE BOTTOM pattern made by share can be seen in graph (by blue line). GAP UP OPENING made by share ,3 days back, is indicated by black arrow. GAP UP OPENING shows that share is in demand. Last candle made by share was MARUBOZU (shown in blue box). Share price has been increasing in very good volume for last few days. EMA 12 days has also came above the EMA 26 days (shown by green and red lines). One can long share for the target of 88 with stoploss 65.
MT Educare : breakout at crucial support levelsScrip has been able to find resistance at core support levels and break trendline with good volume however, would wait to enter post confirmation ensuring it isnt false breakout
Would prefer to increase stake after the scrip manages to move out of consolidation channel
Aiming for TP - 99, 120, 130 in LONG TERM
Nonetheless, One cannot invest for very long until the company shows progressive results and reduces debt which are detrimental to growth of company
www.indiainfoline.com
www.screener.in
MTEDUCAREMTEDUCARE-
stock just looking awesome as stock formed and now flying with high volume and now looking for target 82.5-90 also..
MTEDUCARE: ₹ 84.35 ,Resistance: ₹106 , Strict Stop Loss: ₹77MTEDUCARE: ₹ 84.35 is in a down trend, as it is not a performing sock or a sector ,But showing highly oversold sign and near the channel support may find resistance: ₹ 106 SSL: ₹77
MT Educare- Buy for target at 180-190 levelsMt educare has started to trade in a positive uptrend channel, after making an initial base. it also took the support at 110 levels after which the downtrend stopped. Buy for a target of 190.
suggestions welcome.
