Note:
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...
TRIPLE 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...
Scrip 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...
MTEDUCARE: ₹ 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 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.
