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Rugminik

MAX INDIA - Excellent Daily VCP Poised for a minimum 20% upmove.

Long
MAX INDIA LTD (NSE:MAXIND)  
Rugminik Updated   
NSE:MAXIND   MAX INDIA LTD
Supply and Demand Multiple Time Frame Analysis Triangle MAXINDIA Ascending Triangle volatilitycontraction swingtrading priceaction multitimeframeanalysis candlestickpattern
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supplyanddemand mtfa triangle maxindia ascendingtriangle volatilitycontraction swingtrading priceaction multitimeframeanalysis candlestickpattern
1) The stock is in uptrend in all major timeframes.
2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation.
3) The stock shows strong volatility contraction in Daily, looks poised for breakout.
4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play.

Entry around 230, Best - Between 215-220.
SL - 214 Daily closing basis.
Target - 330.

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Comment:
5% + moved , 230-->246
Comment:
Nailed buy before breakout.
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