MAAN ALUMINIUM (1D)
CMP 337.20
After Breakout consolidating in a narrow range
A Trendline Breakout seen in Latest closing with some momentum
One can add for short-term , can see Firework
Maan Aluminium Limited was incorporated in 1989, it is engaged in the business of manufacturing & trading aluminium profiles, aluminium ingots, aluminium billets etc. and other related activities. Currently, Maan is a standalone dealer of Aluminium ingots and Billets for Hindalco Industries Ltd. for North and South India. The company is also involved in the scrap...
One of the very few best looking charts in this volatility and also a fundamentally good one.
Has given a breakout of the long term trendline and closed above one of the important gann levels
Please follow the chart for the levels for SL and targets.
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Maan Aluminium - Uptrend, corrected a bit, consolidated tightly making a small kind of Cup & Handle on 50 ema. Broke out of it today with a good volumes spikes.
metal sector is verge of resistance so either it can break or turn back
so company follow sector
here in chart complete dried up sellers then strength of bull
seems bullish to me.
Stock is showing positive trend and has given breakout. If it sustain on weekly closing basis which is today then we can see price reversal confirmation and get good return from here CMP 80 target 100
The stock can possibly give a good Cup and Handle Breakout and will then be able to fill the gap as indicated in the chart. Can it finally do it? Let's see!
