Metropolis had been a multibagger during Covid but corrected almost 100% post 2022.
Stock will give good returns once a weekly closing is seen above 2000.
Fundamentals are strong. Healthcare is a good sector for long term investing.
Keep stock in watchlist.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour 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...
The stock has been consolidating for 2 years and is testing strong support/resistance zone.
It's tested it multiple times now and making higher swing lows.
A weekly close above the zone can bring higher levels in this stock with good bullish momentum.
This idea is for Educational Purpose only.
This is not a BUY/SELL recommendation.
Learn & Earn,
Dr. Tanya Kumar
Metropolis Healthcare Stock Ready For a Breakout.
An Ascending triangle pattern can be observed on the weekly chart of Metropolis healthcare stock.
Also, a consolidation may be observed at the higher levels.
Best Entry after breakout above 1800. can be a good pick for swing & positional trades. 🔥🔥
Entry: Above 1800✅✅
Sl: 1550❌❌
TGT (SWING): 2496🔥🔥
TGT...
After Huge rally in the Market and most of the stocks are at all time high and given decent return what next? Sectoral Change is most important aspect to keep in the mind.
Here, is one of the most potential stock with decent upside of 40% around as stock was slide almost 60% from ATH and now we can see the in the chart it has bottomed out and also brokenout and...
Metropolisis monthly inverted head and shoulder formed and in monthly sustained above the resistance of 1694 in weekly also. short-term target is 1896 long-term head and shoulder target is 2364
Metropolis has corrected about 60-65% from from ATH and since then has been consolidating below 1800, which was a critical support. The consolidation has been happening in range of 1200 to 1800 since last 50 weeks and so far it has made few attempts to cross the 1800 level.
The way it is consolidating near this resistance level with all the weekly ema's sorted...
In the Weekly Chart of METROPOLIS ,
we can see that, it has created a Decision making OR Halt candle near resistance.
Enter on breaking its High with low as SL.
Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) Good support area.
2) trendline Support and horizontal support are good order to take entry at buy zone.
3) Based on my analysis it will come to buy zone and bounce. let's see what happen!!!
4) SL at 1500 or as per your risk.
Disclaimer:
I am...
NSE: METROPOLIS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on...
In the Weekly Chart of METROPOLIS ,
we can see that, after 4 weeks of slow selling, it has created a Decision making OR Halt candle.
Enter on breaking its High with low as SL.
Metropolis Healthcare Ltd. is a beautiful picture perfect Rounding bottom pattern on weekly charts.
1. Narrowing Bollinger Bands on Weekly and monthly charts
2. RSI above 60 on Daily and Weekly charts
3. Price Crossed above resistance line
4. Major Supports near 1650- 1600 levels
5. Stock making higher highs for last two days
6. Both SRS and ARS above zero
7. 20...
NSE:METROPOLIS
The price has reacted from the Q-demand zone and started moving up.
The price was consolidating in this zone for a long time.
"The price has consistently respected each demand zone and broken through each supply zone. There are no significant supply zones left to stop the price."
"There are two supply zones above. The first zone is not that...
