Entry possible above breakout range(670-75).
sl up to you
🔹Company is expected to give good quarter
🔹Company has been maintaining a healthy dividend payout of 21.14%
🔹Technically looks good(Multiyear breakout)
🔹big hands entered recently
study then invest🤍
Breakout with good volume. Retracing with shrinking volume.
➼I do only Swing trade
➼I Trade only when RR is in my favour
➼Please correct if I am wrong
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
DON'T HAVE MUCH TIME TO TRACK TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
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...
As you can see in above chart. The candles are forming a flag chart. It is at its support level. if sustain on Monday above that level will give a breakout for a target of 664 /- .
Entry - 550- 570
SL - 498
MONTE CARLO FASHIONS as per daily chart analysis has a multi year resistance line at 632 level and since nov 2021 the stock is daily consolidation zone and once it crosses 632 level then target 644 is achievable
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a...
Monte Carlo Fashions Ltd. engages in the manufacture and trade of textile garments. Its product range includes cottons, woollens, home furnishings, and kids' apparel. The company was founded in 1984 and is headquartered in Ludhiana, India.