it will be intresting to see the price action at 1776 , if break and take support, good swing is possible , keep on radar ,
only for educational purpose
not for recommadation
Idea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis
Rule 4 : On result day trail your SL at 15Min Time Frame
The risk and reward ratio very favourable, price taken a support at Rs 1150 after the breakdown and consolidating between Rs 1150 to Rs 1700.
The current set up looking positive as breakout observed in chart; supported of volume and travelling above key ema of 200|50|20.
Metropolis was unable to break W pattern and it trapped small traders who were just watching support resistance and indicators , and soon after that big players entered the arena shoot up 20% from lower level and still there active in this stock , i am expecting another 20-25% above 1675 level.
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
A probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:METROPOLIS
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop...
A bullish flag & pole Chart Pattern Breakout on the Daily Time frame of NSE:METROPOLIS
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Daily...
We invest in the companies which are moving in higher high......but as per law we must invest in good companies when they are available at cheap rates...jab ye 3500 ka tha to sab buy kar rahe the .....ab ye half rates par mil raha hai to koi nahin le raha hai .......looking good for next two years...........
Price has crossed weekly resistance convincingly.
Volume candle is also supporting the upward push.
Cup-n-Handle reversal pattern.
Chart looks interesting from medium to long term view.
Lets see how this develops.
Happy Trading !!
NSE: METROPOLIS is closing with a bullish consolidation breakout 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 8% to 13%...
Technical Outlook medium team
NSE:METROPOLIS CMP :1506
Good buy zone:1480-1500
Above can Touch 1770 And then 2570+ in the coming Months
Major support level:1400
Fundamental Outlook
The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to...
