MANINDS trade ideas
Man Industries on the verge of 17 year BOKey Levels:
Support: 130
Resistance: 240
Learning:
๐๐ฐ Multi-Year Stock Breakouts: Unleashing Financial Triumph! ๐ฐ๐
1. Breaking Barriers, Igniting Prosperity: Watch stocks defy gravity as they smash through long-held resistance levels, ushering in a new era of financial success!
2. The Rise of Titans: Witness the rise of breakout stars as they conquer the charts, captivating investors with their unstoppable momentum.
3. Confidence Booster Extraordinaire: A multi-year breakout screams confidence! Feel the rush of excitement as investors flock to seize these golden opportunities.
4. From Downturn to Upturn: Say goodbye to stagnation! Experience the euphoria of trend reversal as stocks soar to new heights.
5. A Stamp of Fundamentals: Rock-solid companies are on the move! Confirming strength in the fundamentals, these breakouts mean business.
6. Trader's Paradise: Get ready to profit like never before! Traders, this is your chance to ride the wave of a lifetime.
Don't miss your ticket to financial triumph โ embrace the exhilaration of multi-year stock breakouts! ๐๐
Breakout from Wedge pattern multiyear breakout from wedge...it has already moved out of the wedge some months ago....ideal entry would have been 98...but it has potential to move up to 147 and beyond...147 is not marked as a target but it is an important S&R level if you observe the chart..This company is a leader in manufacture of speciality pipes in India...but is a micro cap also, so a very small company...trade at your own risk. This is an idea, not a recommendation.
Man Inds - Bullish Man Inds CMP - 73.70
Looking bullish and range breakout. One can go for short term Investment with the following entry, exit & targets
Buy at or above 73 - 75 / Stop Loss 65
Target 1 - 85
Target 2 - 90
Target 3 โ 100
Disclaimer: This is my view and for educational purpose only. Trade according to your risk and am not responsible for your loss.