Stock has given a break out after long consolidation. Must keep this in watch list
Mirza International Ltd. NSE:MIRZAINT MIRZAINT CMP: 71.85 Target 88++ // HUGE RALLY EXPECTED 100++ SL: 63 Time Frame: < 6 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
Higher time frame BO, good PRICE ACTION PATTERN, Volume accumulation, mostly will move by 15-20% in the next week
MIRZAINT (W):- 71.85 CMP, looks good for more upsides keep track :)
Mirza Internationl gave a clear breakout on weekly charts and Closed above its 200 DMA. Now 84 is the near resistace after that 100 above will be the target Keep Sl below 57. This is for educational purpose only. Check out my previous study on CANBK also.
This scrip was posted in this platform on Nov 1,so far it given 15% returns in just 3 trading session . I hope our followers had benefited from this post. Thanks to all 🙏🙏🙏
This scrip is expected to give breakout in the coming days as it is on the verge of breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Breakout of Flag pattern on 1hr time frame. Looks good at CMP, levels mentioned on chart.
Mirza international Inverted H&S keep in watch RS Turn positive recently looks good if close above 66
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
Mirza International is consolidating for 2 years. Currently near the breakout zone. Any weekly close above 70 with volume will be a decent breakout that can take the stock higher
Closer keep eye on radar if its closed above 70 quick move anticipated at lease 10-15% soon
MIRZAINT Weekly: CMP looks good for upside 1) All time high volumes 2) Inverted Head & shoulder breakout
MIRZAINT making Round Bottom , RSI is also 70, making higher highs and higher lows , huge volumes are also picked up . #educationpurpose #notrecondemnation
Mirza international is in a uptrend and showing strong bullishness. We can see from the chart that 68-69 is a strong resistance if it breaks then an entry can be considered with strict stop loss of 65 and first target of 72 and second target of 80 . Do your own analysis before entering in a trade. Please like and follow.!!!!!
69-73 is resistance zone on Weekly Time Frame. Once taken out, stock will double in no time. Keep a keen watch.
Mirza International- Cup and Handle Breakout.50% quantity can be bought at CMP and the rest of the 50% in re-test. Note: Please consult your financial advisor or make your decision based on your own risk assessment. This is just for learning purpose