Cup and Handle Pattern.
Stock is in breakout from multiyear Support/Resistance zone.
Currently trading near 52W High too.
If all goes well, can touch 2500 levels in the coming week.
1800 levels will invalidate setup.
Stock is in breakout from multiyear Support/Resistance zone.
Currently trading near 52W High too.
If all goes well, can touch 2500 levels in the coming week.
1800 levels will invalidate setup.
Trade active
Stock has given fresh entry again this week due to negative reaction of market due to Election Results.Trade active
Entry again. Lets hope it starts rallying soon.Note
Positive News:METROPOLIS HEALTHCARE: CO IS DEBT FREE & HAVING CASH RESERVES OF RUPEES 140 CRS AS ON JUNE 30, 2024.
Good chance we can see a big Rally from here on.
Note
Positive News:Metropolis Healthcare Clocks 13% Increase in Fiscal Q1 Overall Revenue
Note
Marubozu candle on this week closing. Could start taking the stock further up.Note
Positive News: Metropolis Healthcare reports June 2024 net sales of Rs 286.14 crore, up 11.64% Y-o-Y, with net profit at Rs 31.28 crore, up 19.69% Y-o-Y.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.