MAYURUNIQ trade ideas
Trendline Breakout ✌✌✌This scrip is expected to give trendline breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
MAYURUNIQ has broken Resistance with good volumeI will buy MAYURUNIQ because :
The price has broken the resistance
It showed a good move upwards before breaking Resistance.
The price touched is breaking resistance after 7 years
Entry : 577
Target : 800
Stop loss : 500
MAYUR UNIQUOTERS RETRACENSE:MAYURUNIQ is consolidating in a channel pattern for more than 18 months and it looks ready and bullish to break it and give a big upmove.
It retraced after giving a breakout from its previous horizontal resistance and it may break the channel pattern with the next upmove.
Another bullish sign is that the stock moved to virgin territory and is spending some time there. A breakout under this condition, can create exponential volatility.
Look to enter at CMP levels and if stock retraces back to support trendline, add more quantity.
Entering now is more riskier than entering after the breakout+retrace as the stock could retrace all the way back to the channel's support before making a move for the breakout.
After the break, targets of 800+ can be achieved in 1-3 months.
Resistance becomes Support NowIn Price when price break any resistance level then when price revisit to this zone for this resistance zone act as a support zone and high probability price take support here and resume the uptrend .
mayuruniq intraday / positional. dec 28thbuy - 575 target 579+
sell 570 target 565
self explanatory chart,
positionally it looks good for a target of 600+
if the market is all twisted like how its been for the past few days, smaller targets for buy and sell given.
thank you.
MAYURUNIQEducatinaol idea
stock already given Breakout trying to
catch in retracement area.
buy betn 544-580
Sl -510-520
Target-626
Mayur Uniquoters| C&H nd All Time High Breakout| Target 100% NSE:MAYURUNIQ
In Monthly Charts we have confirmed BO around 520
Cup and Handle as well as All Time High Breakout
Pattern Targets : 721 - 856
Beyond 856 Targets via Fibonnaci : 1075 - 1210 - 1430
SL : 440
Time Horizon : 12-24 Months
Monthly RSI>70
Continuous Buying and Accumulation since Jan2021
MAYURUNIQ @ BUY LEVELMAYURUNIQ breakout, buy is here with huge sales and earnings report, trade with small qty, bcoz NIFTY is not in a good mood.
MAYURUNIQ - Multiyear Breakout - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
#Mayur Uniquoters Ltd. #PRICE_ACTIONCompany has been maintaining healthy ROCE of 21.12% over the past 3 years.
Company is virtually debt free.
Company has a healthy Interest coverage ratio of 35.48.
The Company has been maintaining an effective average operating margins of 23.26% in the last 5 years.
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Looking good for higher targets!Stock has broken out on Monthly Time Frame. 570 will act as major support now. One can add some quantities at CMP 614.60 and add more (Double Quanities) when it retest BO), that is around 585-560 levels. SL below 540 MCB. Target is 850+
Breakout in MAYURUNIQWatch out for levels. fundamentally strong company to go long for short term. Multiyear breakout :) Target should more than 10% in 10 trading days. Enter at current price and hold for few weeks. Please do your own analysis on the levels
Mayur UniquotersNext Leg of growth in Mayur Uniquoters should come as the stock breaks its 2018 high to claim a new all time high. Stop Loss is marked. Hold for 2-3 years for 100% + returns
Mayur Uniquoters - multibagger ?Mayur Uniquoter - seems to be breaking out of range since 2014.
Great buying opportunity.
RSI and MACD showing positive momentum on Daily and weekly timeframe.
DarvaX box strategy to be followed.
If daily candle closes above the upper trendline, buy opportunity can be made.
Future targets could be multi fold.
Disclaimer: This is for educational purpose and not a buying recommendation. Pls invest as per your risk: reward appetite.
fresh longs in the counter?trade duration 5/10 days
gresh breakout can be seen ...
volumes too suggest that the counter might rock
todays candle shows pullback but the buying pressure in extreme
FRESH BREAKOUT WITH VOLUMEas we can see 530-545 was clearly a resistance
so today with high volume stock crossed 545 and made high 592
we already initiated long around 550 on tlegram so any retesting is buy as of now and you can major upside soon
MAYURUNIQ LongEntry: Close above 530
Target: 25-30%
Cup & Handle Pattern
Making 52WK High + Near ATH
Decent Accumulation
Mayur- Cup and HandleMayur Uniq forming Cup and Handle Pattern on weekly chart. Any close above 550 on WCB can open doors for big rally. The size of the cup is quite big.
MAYUR UNIQUOTER DAILY CHART ANALYSIS 02.12.2021MAYUR UNIQUOTER as per daily chart analysis has broken the multiyear resistance line and also broken the channel and above 512 level and target 520 is achievable.
MAYURUNI - Monthly - WaitFormed a double top in monthly chart, need to wait for momentum, post which it can go into price discovery.
Wait for StochRSI crossover.
