MCX Buy above 4146. Stoploss 4046 Target 4212,4270 MCX if opens above 4146 will get to the above targets of 4212 and 4270, and if opens at or near 4040 and take support will reach the same targets. It will get weak only if opens below 4040 and keeps falling
MCX Cup and handle pattern. Break Out confirm. Check for high volumes.
mcx india forms shooting star candle at top lets see on Monday to find opportunity for short
MCX seems to have cup and handle breakout, let's wait for good volume buildup, retest. I will buy once i see the above two conditions. I don't recommend others to trade on my view.
The stock has formed inverse head and shoulder pattern on hourly timeframe moreover this pattern has been formed after a pretty long rally which also can be called as exhaustion phase which enhances further reliability in the stock for short term the stock can be bought it can fly till the 4600 levels
6 days consolidation breakout along with trendline and ST breakout Can hit 50DC again SL 3528 1st Tgt 3936
MCX seems long consolidation in daily impulse move breakout may happen and double bottom forms concentrate if price sustain above 4000
Stock has given good tl breakout and expected ath breakout also And fundamental very strong stock with monopoly business Good for long Only for educational purpose Bot for sugesstion
The stock has broken out from a long year rounding bottom pattern moreover is has broken with good volumes and during past few days it has resisted and major retracement which increases faith in the stock the stock can reach 3000 as fundamentals are also supported with the price pattern
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
#MCX #stockstobuy #trending #swingtrading MCX ATH Trading Opportunities and Expected upside further move.. Good swing trade chart. ✅☯🧧🛫 Buying level - 3883 Above Target level - 4201 (8.4%) Stop loss - 3719 (4.2%) RRR: 1:2
triangle squeezer BO pattern there were two zone created for resistance and support both are clearly highlighted
Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade.. Strong Breakout.. Good Volume... Bullish..
The company is working on launching new products, including steel TMT bars and electricity derivatives Increase in Net Profit Increase in Sales Increase in Operating Margin
Reason for long a) Triangle breakout b) Good risk reward zone c) SL compulsory d) Consolidation breakout h) QQE support as pull back
If gives breakout then can shoot up Only for educational purposes.
MCX (1D TF) Swing Trade Analysis given on 16th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Breakout of Resistance - Done ✓ - Volume Spike Buildup at Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #MCX
Buy at cmp to 3040 sl close bewlo 3030 easy tg - 3100 tg2 - 3125 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.