buy near the trend line targ 1 170 targ 2 200 best time to this stock
Munjal Shaw : CMP 166.60, Looks Good only if closes above 177 for T1= 198 & T2= 241 Lets see how it moves !!
Technical analysis- 1. Stock is making higher high and higher top formation for the first time after a continuous downfall since 2018. 2. Stock is forming a series of rounding bottom patterns supported by volume action. 3. Stock is bullish and any dip is a buying opportunity. 4. Technically all is well above bottom of last 3 rounding bottoms, which is 120. Trade...
NSE:MUNJALSHOW is under going consolidation and hence hold on to it if you have it in portfolio. The reversal shall occur around range of Rs115-130. Have patience with this Long term EV beneficiary. This post is an update to previous idea on Munjal Showa.
NSE:MUNJALSHOW is ripe and ready to blast off in a very short term basis. Minimum Target Rs300. Very Bullish momentum to be seen in few weeks starting this one.
CMP 144 SL 125 Target 180
Triangle pattern anything will happen so take u r trade after pattern breakout
Buy 99 ore 100 First target 114 second target 120 Still wait for better conformation after closing above 107 closing price there is buying mode is starts.
(A) Monthly Gapdown resistence 267-55 - 264.05 (B) Top is confirmed until momentum returns (C) Low of B is not breached, cancels B (D) Pinbar is neither bullish or bearish (E) Current month candle must be a BH>50%CH candle with H> 243.95 (Pin Bar High) and C> 235.35
(A) Monthly Gapdown resistence 267-55 - 264.05 (B) Top is confirmed until momentum returns (C) Low of B is not breached, cancels B (D) Pinbar is neither bullish or bearish (E) Current month candle must be a BH>50%CH candle with H> 243.95 (Pin Bar High) and C> 235.35
One can look to buy Munjalshow at 278.8 with SL 264.8 and TGT of 294.8
The stock has given a clean Cup and Handle Break out on good volumes and is set to gain strength further. A trailing SL of 221 can be maintained on the stock going ahead