MBAPL trade ideas
MBAPL - Flag Breakout - Bullish Big TargetThe stock has conciliated after a big up move and has now shown a flag breakout today with higher vol as compared to past 15 days.
1) Price is above 20 EMA
2) 20 EMA > 50 EMA > 200 EMA hence trending up move
3) Price higher than supertrend
4) ADX > 25
5) Target as per Fibonacci and Flag Breakout rules is marked.
6) Daily Vol > 30 DMA
Idea is for academic purpose and not a buy recommendation
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Consolidation Breakout in MBAPL
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Round Bottom Breakout in BEML
BUY TODAY SELL TOMORROW for 5%
Breakout in Madhya Bharat Agro Products Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MBAPL | Cup and handle | Breakout | Wkly |Good Volume### **Technical Analysis of MADHYA BHARAT AGRO P. LTD (NSE)**
The chart reveals a **cup and handle** patternon wkly , which is a **bullish continuation** signal, suggesting strong upward momentum.
### **Key Observations:**
1. **Cup Formation:**
- The price formed a rounded bottom over an extended period, indicating **accumulation**.
- Depth of the cup: **118.25 points (36.49%)** from **204.49 INR to 323.65 INR**.
2. **Handle Formation:**
- A brief consolidation near **323.65 INR**, forming the handle.
3. **Breakout & Price Action:**
- The breakout above **323.00 INR** is confirmed with rising volume.
- The current price is **339.45 INR**, up **7.27% (23.00 INR)**.
- **Target price:** **441.60 INR**, based on the pattern’s depth.
### **Indicators to Watch:**
- **Volume:** Strong surge in trading volume supports the breakout.
- **RSI:** Above **60**, it confirms bullish momentum.
- **Support Level:** **323 INR** now serves as a key support.
Amazing breakout on WEEKLY Timeframe - MBAPLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Morning Star + Flag pattern - Trend ReversalMorning Star - The Morning Star pattern is a classic bullish reversal pattern in technical analysis. The pattern consists of three candlesticks: two large ones with different directions and a smaller candlestick between them.
Flag Pattern - A sudden move in either direction followed by the price consolidates in a range following the sharp move, and the price then continues to move in the same direction after it breaks out of the range. Its visual resemblance to a flag and a pole
Madhya Bharat Agro Products LimitedAscending triangle pattern has formed and stock has also given breakout keep your eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Resistance 7/Target 7 achieved in MBAPL. Resistance 8 is ON.This is follow-up on Madhya Bharat Agro Products. Can also check link to related ideas.
Resistance 7/Target 7 achieved. Resistance 8/Target 8 is ON as it is trading comfortably above resistance line of 804. Has moved more than 343% since breakout at 193.50.
Here are previous charts.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 4 achieved in MBAPL. Gain of 142%. Target 5 is ON...This is follow-up on Madhya Bharat Agro Products. Can check link to related ideas.
Target 4 achieved. Gain of more than 142%. Target 5 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 achieved in MBAPL. Gain of 90%. Target 4 is ON...This is follow-up on Madhya Bharat Agro Products. Can check link to related ideas.
Target 3 achieved. Gain of more than 90%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 2 achieved in MBAPL. Gain of 44%. Target 3 is ON...This is follow-up on Madhya Bharat Agro Products. Can check link to related ideas.
Target 2 achieved. Gain of more than 44%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 achieved in MBAPL. Gain of 20%. Target 2 is ON...This is follow-up on Madhya Bharat Agro Products. Can check link to related ideas.
Target 1 achieved. Gain of more than 20%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Madhya Bharat Agro products...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MBAPL Positional View !MBAPL : cmp : 131.05
A bullish engulfing & white marubozu kind of pattern has been formed in D chart.
Trading near the BO lvl of 135.
if it surpass and sustains above the lvl. a fresh buying move possible in near term.
So good to grab on dips.
TGT 143.75/157
SL 118 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.