mgvirus1

mgvirus1

BULLISH VIEW IN ROH LTD- Continuation pattern Bullish Pole - Flag (Up flag) pattern is formed which indicates continuation of bullish trend. Also it has closed above the resistance level and its closed at life time high level which is supported by huge volumes In coming months we can see much higher levels in ROH till 427 which is Fibo 1 as well as flag target...

mgvirus1

Continuation of uptrend Bounced from support zone with hammer formation Upmove likely to continue in next 8-10 months Target : 790 (57%) Stoploss : 377 (weekly closing basis) (-25%) Risk Reward Ratio :1:2.3

mgvirus1

Buy Marico (cash) above 474 with SL 471 for target 480.75 Possible double bottom RR ratio = 1:2.3 Timeframe - 8-10 days maximum If it comes down to 469 before crossing 474 then buy at 369 with SL 466.50 for same target 481 (Daily Demand zone formed on 17 June 22) RR ratio = 1:3.7 Timeframe : maximum 10 -12 days Adjust future levels accordingly if anyone wants...

mgvirus1

WONDERLA HOLIDAYS --BULLISH BREAKOUT--EDUCATIONAL PURPOSE Closing above key resistance zone 400-420 Increasing volumes seen in last 6 months. In September attempted to break the resistance zone but could not close above it. This week successfully breached resistance zone. Now expected to continue the move further which can be extended up to 700-750. Fibo targets...

mgvirus1

CIGNITI TECH-BREAKOUT ABOVE 52 WEEK HIGH--EDUCATIONAL PURPOSE Trend continuation expected as stock has given breakout above 52 week high. Buy on retest near 670-675 Target: 985 Stoploss : 515 on weekly closing basis Time target: 18-24 months

mgvirus1

Supreme Ind--Breakout Above 52 week high--Educational Purpose Buy on retest near 2650 Trend continuation expected Target : 3530 (33%) SL: 2270 (14%) on weekly closing basis RR ratio : 1:2.4 Time Target : 15-18 months

mgvirus1

Bounced from 1 hr demand zone (formed in June-2022) Expected to continue the reversal movement Buy above 775.50 Tgt 1-873 (12.78%) tgt2-890 (15%) SL-737 (5%) RR ratio: 1:2.6 for 1st tgt and 1:3 for 2nd tgt Can face resistance near both trendlines and may consolidate for sometime before resuming the upmove Time horizon :1 month

mgvirus1

BULLISH VIEW Breakout seen with increase in volumes since last month with higher high higher lows TGT 1--225 TGT 2--280 (71%) SL --below 124 on weekly closing basis Time tgt--20-24 months (till Jan 2025) Please note --Its a low volume stock so trade cautiously

mgvirus1

Breakout above 52 week high should continue the rally in Jindal Steel Handsome tgt of 594 and 793 SL 357 on weekly closing basis

mgvirus1 Updated 

BREACHED 10 YEARS RESISTANCE LEVEL WITH HIGH VOULMES ALSO VOLUME ACCUMULATION SEEN IN LAST 6 MONTHS TRADING ABOVE 200 EMA UPTREND IS EXPECTED TO CONTINUE AND REACH MENTIONED TARGET LEVELS TILL 2025. ITS INVESTMENT STRATEGY. TARGETS MAY BE ACHIEVED FASTER BUT INVESTING WITH PATIENCE FOR 4-5 YEARS MAY YIELD HIGHER RETURNS CAN GO LONG WITH SL OF 108 ON WEEKLY CLOSING BASIS

mgvirus1 Updated 

STRONG BREAKOUT SEEN WITH HIGHER VOLUMES ABOVE RESISTANCE LEVELS 740-745 TRADING AT ALL TIME HIGH CAN ENTER ON RETEST LEVEL 750-760 FIBO SUGGEST TARGET LEVEL 1020 SL : WEEKLY CLOSING BELOW 680 RR RATIO : 1:3 TIME TARGET: 15-18 MONTHS

mgvirus1 Updated 

CHANNEL BREAKOUT WITH VOLUMES VOLUME ACCUMULATION SINCE MARCH 2021

mgvirus1 Updated 

FLAG BREAKOUT SEEN WITH HIGHER VOLUMES. GOOD RR RATIO 1:4.1 TGT 1025, 1075 TIME TARGET : 1.5 YEARS SL : 570 ON WEEKLY CLOSING BASIS

mgvirus1 Updated 

CHANNEL BREAKOUT WITH HIGH VOLUMES VOULME ACCUMULATION SINCE JAN 2021 WEEKLY CLOSING ABOVE 200 EMA

mgvirus1 Updated 

SDBL-- Bullish view -- Educational purpose SDBL closed above 200 EMA with higher top higher bottom formation Good volume increase seen since Aug-2020 Excellent Risk reward ratio-- 1:6.2 Price tgt : 84 and 140 time tgt : 3 years ( for second tgt 140)

mgvirus1

MULTIYEAR BREAKOUT WILL BE SEEN IF STOCK STARTS TRADING ABOVE 112. can Initiate Longs Position With Stop Loss OF 81 On Weekly Closing Basis Can Expect Target of 205 In 24-30 Months

mgvirus1

Bullish Flag is formed in Supreme petrochem with Price tgt of around 1388 in 18 months Buy on dip till 825 which improves Risk reward ratio to 1:2.7 (about 65-70% returns expected in 18 months) with SL of 25%

mgvirus1 Updated 

RONDING BOTTOM FORMED IN KHADIM WITH CONSOLIDATION FOR 2 YEARS AFTER BIG DOWNFALL. ALSO BULLISH WEDGE BREAKOUT IS SEEN CAN BUY WITH SL 250 ON WEEKLY CLOSING BASIS WITH RISK REWARD RATIO 1:7 EVENIF ONE ENTERS AT AROUND 330 THEN RR WILL BE 1:2.7