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
as 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
Entry: Close above 530 Target: 25-30% Cup & Handle Pattern Making 52WK High + Near ATH Decent Accumulation
Mayur 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 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.
Formed a double top in monthly chart, need to wait for momentum, post which it can go into price discovery. Wait for StochRSI crossover.
Stock is consolidating in range from quite long and volume around supply zone is going down. It is pure indication of supply being soaked out of market for the stock. As stock is moving into fewer hands demand can be created in coming days bumping stock price. Keep it on watch list to track breakout.
MAYUR UNIQUOTER charts deisplying resistance and support levels with strong RS
buy mayuruniq above 547 in intraday For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before...
Rising Trendline & Near ATH ( Analysis for Educational Purpose Only)
NSE:MAYURUNIQ Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
( Analysis for Educational Purpose Only)
MAYURUNIQ Daily: Looks good for more upside above 531 1) 3 Time VCP Pattern 2) Falling Volumes 3) Exports to companies like Mercedes, BMW
#MAYURUNIQ NSE: MAYURUNIQ CMP 470.45 Target 20% = 569 SL : 430 Time Frame < 4 months Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
Falling Wedge consolidation breakout signaling Uptrend continuation.
BUY ABOVE 320 TARGET 333, 344, 367, 400 more strength above 345
After years of sideways movement followed by under performance this company looks poised to make a move. Formerly only a PVC artificial leather manufacture they have now setup a plant for PU based artificial leather which feels more like the real thing. Until now India imported over 90% of such requirement from China. They already supply many footware and car...