#MIDHANI BO candidate on Weekly charts#MIDHANI BO candidate on Weekly charts above 209-212. One can look to enter with SL below 200.
Targets and other details on chart.
MIDHANI trade ideas
MIDHANI Long ViewAscending Triangle In Daily
Cup & Handle Pattern in Daily.
Huge Increased Above Average Volume.
Long Above 214 sustained can give
225/231/235.
MIDHANIPattern breakouts.
Price should make the strong break of the resistance, to enter trade.
Good improvement in net sales.
Expecting Nifty metal index, if takes support.
MIDHANI : Closed above resistance zoneThis stock has given a close above it's strong resistance zone. Now this stock can give a rally.
MIDHANIPrice took support & moves strongly.
Expecting to break the resistance, & move up till the pattern top.
Trading an Inside Bar After a Triangle Breakout - ContinuationLong Above 236
Stop-loss 219
Target: 321
The Minimum Price target is 278. But that's not where we should exit. After an entry, hold the stock until the trialing stop-loss gets hit, or 1:5 RR is achieved. There are plenty of techniques and tools to trail the stop-loss. One can trail the stop according to his/her risk appetite. I'll update the idea about trailing stop-loss after an entry.
Apply money management, risk management, and position sizing before short term investing or trading in cash stocks.
Don't invest more than 5% of your capital in a single stock.
MIDHANI RANGE BOUNDtrading in narrow range either side of break will lead to sharp move...Volume suggest accumulation...high probability of upside break out
MIDHANI TARGET UPDATE 25-8-2020One can look fresh if stock break 230 levels with good volume.. Refer chart for more details..
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
AC line will act as resistance line.
BD line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
#13 MIDHANI - Long for 8 - 10 daysNSE:MIDHANI
Reasons being:
1. Upper Breakout in Near long term resistance
2. More than Daily Normal Volume in the last 3 trading sessions.
3. Breakout in OBV
Long for a Target of 235 - 240 in 8 to 10 Days
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
not looking bad for 275. however there is a small rest at 240!Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
