Stock Name - Megastar Foods Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 394
#This is not Buy and Sell recommendation to any one. This is for education...
The stock recently experienced a breakout from a double bottom pattern on the weekly chart, and this breakout was accompanied by substantial trading volumes on the same weekly timeframe. The double bottom pattern is typically viewed as a bullish reversal signal, and the strong volumes during the breakout enhance the significance of the move.
Traders and investors...
trendline break and retracement also completed
it is good sign for further up move
keep stoploss
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food sector is always good for investment, during week global markets
smallcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is...
food sector is always good for down trend global markets
smallcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
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.
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. more than that " megastar food "is fundamentally good
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.refer our old idea attached below
A string demand around 190 to 200 range. If that is broken downside then we can see full fall. if it gets sustained then it will go long as per the targets
