MTD potential Buy setupReasons for bullish bias:
- Price is at horizontal support plus trendline
- Positive earnings
- Strong bullish candle closing
Here are the recommended trading levels:
Entry Level(CMP): 1509.80
Stop Loss Level: 1298.24
Take Profit Level 1: 1509.80
Take Profit Level 2: Open
Note: It is a slightly risky trade, if the price forms some more bullish candles it might add weightage to the bull's side.
MTD
MDT just started pumping------------------------------------------------------------------------------------------
Summary
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MDT just broke out from its resistance and showing a strong bullish view
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Signal
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VectorAlgo Trade Details
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Entry Price: 0.0688
Stop Loss: 0.05742
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Targets 1: 0.0760
Targets 2: 0.090
Targets 3: 0.120
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Timeframe: 1 day
Capital: 1-2%
Leverage: 5x
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Note: High risk with the high reward trade. StopLoss is must for this trade.
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$MTD$MTD made an all-time high with a gap-up on November 06. Next three days it almost filled the gap and
last day it made an effort to resume the journey. As the trend is very strong it is likely that it will touch the all-time high again.
If we could take a position at open the stop-loss will be below 1122.80 and profit target may be a new high.