Mahaepc- 8 ka funda 100>200 fOR bIG tARGETS
Days = 90 , gap = 1.05, range = 0.35
1) RAnge breakout possible
2) Trend line near breakout on weekly time frame
3) HIgh volume on Daily time frame
a beautiful candle form at the support zone in weekly time frame. keep eye on it
trade with risk reward ratio
trade in discipline
study purpose trade at your own risk......
It is near its buying zone
It is working in a channel
Looking really attractive at 130 levels
One can go long with SL of 124 on closing basis
Risk reward is really good 1:10
Forming a double bottom
Volume is dry when it was retracing volume will blast once it'll show some move
NSE:MAHEPC
Buy on bounce above 152
or if brake support of 144
then buy near 135 on bounce from 130 or below
SL closing below 123
T 159, 170,
above 175 - 185, 194
It sEducation Purpose Could you pls Make your own Analysis before Trading.Breakout at Huge vol and retest the trend line.Target 1 - 194 target 2 -220 long hold
Reasons to buy
Cup and Handle formation
Bullish trend and resistance not reached yet
Bullish engulfing pattern with very good volume
RSI indicator positive
MACD indicator positive
Moving averages positive
Monthly and Weekly charts are also have bullish candles and bullish move is there so definitely good sign.
![MAHEPC: triangle pattern [ weekly ]](https://s3.tradingview.com/a/AFV6CGZd_mid.png "triangle pattern [ weekly ]")
