The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
This stock has formed an inside bar and has already moved by around 12%. When there is a breakout of this inside bae we can see more upward movement.
212-215 is a resistance band, if it sustains above 215 weekly closing then we are going to see it shoot, the defence pac.
Midhani support break or sustain trendline break or sustain
MIDHANI Long Currently consolidating between 200-212, a breakout could give the massive move CMP 200 SL - 180 on a closing basis Target1 233, if crossed trail for target2 265 Risk to reward ratio is nominal Personally initiated trade at 200 for short term to mid term
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Get ready for the investment in @mishradhatunigam. Good fundamentals. Dividend yield 1.82%. Promoters holding 75%. Mutual funds holding 12.36%. FII's holding is negligible ( no fear of more selling 😊).
Trading Near Lower BB in Monthly Chart , Weekly Chart Shortly Time For Upside Now Wait For Volumes Incoming and Close Above 173 🚀🚀🚀
This is for Educational purposes only. Please consult your Financial advisor before investing. we will not be responsible for your profit or Loss.
Midhani breaking out of very long triangle. looks really good on weekly chart. On daily chart it might retest the levels of 200
Mishra Dhatu Nigam is the biggest producer of super steels and titanium alloys...these are speciality products used in defence, space, and power industries...it has bounced up from 200 EMA ( in red colour) and looks good to reach 230, 279...targets market by horizontal lines. This is an idea, not advice to trade.
1. 5 to 6 Resistance at the top 2. Multiple supports at the bottom 3. volume is huge 4. moving average is positive 5.Traingle Pattern is forming at daily time frame. Disclaimer : Just for education Purpose. Thanks Happy Trading :)
Buy Midhani near 193 Stoploss 189 Target 200 Study : Retesting Zone
Statistical Brief Market Cap₹ 3,587 Cr. Current Price₹ 191 High / Low₹ 237 / 171 Debt to equity0.15 EPS₹ 7.04 ROCE20.4 % ROE17.6 % ROE 3Yr% ROE 5Yr% Return over 1year11.0 % Return over 3years28.6 % Return over 5years% Profit growth21.1 % Profit Var 3Yrs% Profit Var 5Yrs% Promoter holding74.0 % Pledged percentage0.00 % Return on...