Mukand Ltd presents a compelling long opportunity as per my technical analysis. The stock has displayed strong bullish momentum, supported by robust fundamentals and positive market sentiment.
Technical indicators suggest that Mukand Ltd is poised for an upward trajectory, with the price currently trading above key moving averages and showing signs of continued...
NSE:MUKANDLTD
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for...
stock gave a good breakout of its all time high with good volumes and giving a healthy consolidation after the breakout.
before breakout also there was a long healthy consolidation for about 4 years.
currently on a weekly time frame there is good bullish candle which makes a strong closing on the upside.
if price sustains these levels new high can be seen in the...
price broke multiyear resistance area
formed decent base above resistance and now broke that base
mcap 2373cr
stock pe 13.4 < industry pe 14.1
cmp 164 > book value 59.1
dividend yield 1.21%
debt to eq 1.74
promoter holding 74.7% vs 71.68% in MARCH 2017
recently company reduced debt significantly
balance sheet is getting improving
took very small position and...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
