#MTARTECH trading above Resistance of 2563
Next Resistance is at 3615
Support is at 1912
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
MTAR tech monthly and weekly breakout from the resistance of 2494 with a bullish weekly closing.If it sustains above the day open and close of 2812 it will reach the target of 3277 in the uptrend channel.
#MTARTECH trading above Resistance of 2198
Next Resistance is at 2563
Support is at 1711
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
MTAR technology has given a good Consolidation breakout of a rectangular pattern and is heading towards completing its round bottom till the levels of 2500.
Today also it has given a good Inside bar breakout.
DISC: For educational purposes only.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
it is consolidating after rallying 30% in the narrow range of 4% from top. hope this will continue till the result date which is due by this month end.
it looks like flag formation on weekly chart as well.
let the volume dry-up. and watchout for breakout volumes.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 12th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
Key Points:
- Breakout from very Long period consolidation zone
- RSI > 70 and Crossed RSI MA
- All EMA crossed and good potential of up-move
- Resistance Level breakout
- Portfolio component
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just...
Key Highlights:
- Coming out of the re-accumulation
- Possible range expansion towards 2000-2100 in the short-term
- Possible new ATH by Q4-2023.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
