The stock has been holding support levels and good volumes lately. A close above all EMA (1165) can bring more bullish momentum in the stock. This idea is for educational purpose only. It's not a BUY/SELL recommendation. Learn & Earn, Dr. Tanya Kumar
- Metrobrand is currently looking perfect for an entry - Kindly note that this stock is highly volatile and quite fast in liquidating stops - In order to avoid that prefer entering once the liquidity grab is done - I would suggest keep your risk low in every setup as I am bearish on the overall market
#METROBRAND trading above Resistance of 1323 Next Resistance is at 1874 Support is at 931 Here are previous charts: 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...
#METROBRAND trading above Resistance of 1072 Next Resistance is at 1323 Support is at 862 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support 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...
WATCHOUT METROBRANDS FOR AN UPMOVE. For educational purpose only. Not a Buy/Sell recommendation.
-It is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category. -Market Cap ₹ 30,966 Cr. -ROCE 24.3 % -InstHold 8.33 % -Growth CAGAR 3 years Sales 18% PAT 31% ATH Breakout with Volume
METROBRAND At support CMP 1040 Small dips can be bought SL below 999 Target 1100 and the more
Key Levels: Support: 1000 Resistance: 1130, 1190 1230 Write-up: Darvas Box breakout trading is a trading strategy developed by Nicolas Darvas, a dancer turned investor, in the 1950s. It focuses on identifying and trading stocks or assets that break out of a predefined price range or "box." 1. **Simple and Objective:** Darvas Box trading is straightforward to...
Example why loss management is important in stock market....
This is follow-up on Metro Brands. Can also check link to related ideas. Resistance 2/Target 2 achieved. Resistance 3/Target 3 is ON as it is comfortably trading above resistance line of 825. Has moved more than 46% since breakout at 640. Here are previous charts. Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are...
METROBRAND:- Symmetrical pattern is formed, if it gives upside breakout, we may see upside movement, keep an eye on the stock 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...
Metro Brands is attempting a breakout and a solid close above 920 should initiate a buy with 920 being your stop loss.
METRO BRANDS has recently completed wave 4 with a triangle formation, indicating a potential move towards wave 5. Traders may consider entering a position in the range of 815-830, with target levels at 976 and 1107. It is important to note that trading carries a risk of loss, and a stop loss at 765 is recommended to limit potential losses if the trade moves...
The stock had been consolidating in a Triangle pattern since last few months. Now, prices have registered a breakout. Weekly RSI also shows a breakout along with Weekly MACD turning positive. In the past, the breakout has resulted in a strong rally to 261.8% FR level, so target would be 1370. Pattern remains valid as long as the stock trades above Rs.750.
METRO BRANDS Trendline breakout Retest also done Looks good on chart for Target : 900 / 938+ Stop loss : 830 on CB Just for educational purpose only .
#METROBAND Looking very good for an explosive move! ✅ 9 month long consolidation ✅ Retesting primary trendline support ✅ Uptrend still intact on weekly charts ✅ Last 9 week - tight consolidation Stop - 760 or 8.4%
Chart -> Metro Brands Daily CMP: 845 Good Range: 800 to 840 Target: 885, 940 SL: 790 Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
- Descending Triangle BO - Increased Volume + Good candle on BO - Trading Above all major EMAs Tip : BO is valid if it closes around or above CMP