MAITHANALL trade ideas

sabyasachi_nath

Support is at 343, resistance at 414,if it turns bullish, intermediate term target is 483

atulastra

Hi All, The charts of Maithan alloys are looking very interesting. Will this one move past 544 on weekly closing basis or retest 490 which is now a triple bottom (a very strong support) Waiting for clear trend to emerge and adding on SIP basis. Disclaimer: Vested interest and biased views.

atulastra Updated 

Any weekly close below 542 will lead to stock testing support at 495-490 levels Disc: 1. No open trading position 2. Educational purpose only

atulastra Updated 

Sell with a target if 545 stoploss of above 600. Disc: 1. No trading position 2. Educational purpose only

sagar.potekar.7 Updated 

Technical : (Daily Chart) Pennant Chart Pattern Breakout Confirmed! Technical Target : 1000 Strong Fundamentals : (Fundamental Medium Term Target 2200) (Fundamental Long Term Target 3300) 1.Total (Mkt. Cap) : 2408cr 2.Debt : 0.05cr 3. Stock PE : 12.20

krishnakhanna

C > 678 and H > 679 needed to resume the momentum on D close C < 623 and L < 611 needed to fall further down on D basis to 589 CCI D/W/M >100

Jeet24

The stock has seen good movement of late and had attempted to break out today. A sustained close above 500 for the stock can see it rallying further. As of now it is a wait and watch stock.