Inverted head and shoulder pattern with good volume's retest taken from the drawn level Note: This is my research, do your before trade.
MOL- VCP in Making 6 months keep for 1 year + 1) Consolidation 2) pb < 2 3) Ready to Rocket Jai Bholenath
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
1. Set up: Breakout 2. Accumulation phase over 3. RR: 1:7.9+ 4. Bottomed out 5. Big rounding bottom
Meghmani Organics Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame. 3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15. 4)...
MOL (Meghmani Organics Ltd) Weekly chart. Breakout of one year range with increasing volumes. Can enter after retest
Meghmani Organics Ltd. ABOUT. Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10...
Coming out of Accumulation. 90-94 zone good to add. 83 as SL.
Excellent breakout and good volume. Do your research before investing.
MOL is getting into stage2 coming out of stage 1 with a good consolidation of 1 year. good price action in last 3 days. wait for retest of 95. good accumulation in the last 2 months. watch out for todays close for weekly breakout confirmation.
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 : On result day trail your SL at 15Min Time Frame
Meghmani Organics has given a breakout of downtrend with volumes. Should reach at least 150 and post that can move towards 250 levels. Buy on dips.
BUY - MEGHMANI ORGANICS LTD CMP - Rs. 90 Target - 1: Rs. 113 Target - 2: Rs. 128 Target - 3: Rs. 137 . Timeframe - 4-8 months . Technicals - Moving Average, Line Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
rallied more than 10%. huge volume on daily chart. looks like closing above 200DMA. above 95 will make it stage1 breakout. seems like bottomed out.
MOL LOW Risk to Reward Candidate CMP 80.75 Dips to 78 can be bought SL @73 TARGET 90 Breakout above 90 should bring in trending moves.
currently at previous support level. it has been trading in 75-95 range for a quite sometime. expecting in the same consolidation for some more time. currently positioned good for swing position, better risk reward. consolidation mode on weekly timeframe.
it has been consolidating in a shorter daily range near resistance line breakout here will open up 10% upside potential.
BUY - MEGHMANI ORGANICS LTD CMP - Rs. 84 Target - 1: Rs. 109 Target - 2: Rs. 131 . Timeframe - 6-8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!