Meghmani Organics Parallel channel Breakout
Meghmani Organics Parallel channel Breakout
Stock out of consolidation and correction.
Green arrow shows three phases of stocks namely UPTREND,DOWNTREND and CONSOLIDATION
Currently in Wave C of correction or Wave 3 of impulse which should end near 78 zones.
Long all dips towards 60, Stop Loss 49 on daily closing basis
Expected positional targets 100, 115, 130+ have potential to double.
Disclaimer: Calculated and plotted values may differ little with actual stock movement. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.
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Stock out of consolidation and correction.
Green arrow shows three phases of stocks namely UPTREND,DOWNTREND and CONSOLIDATION
Currently in Wave C of correction or Wave 3 of impulse which should end near 78 zones.
Long all dips towards 60, Stop Loss 49 on daily closing basis
Expected positional targets 100, 115, 130+ have potential to double.
Disclaimer: Calculated and plotted values may differ little with actual stock movement. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.
Don't forget to hit like button and follow. If you like my work can donate coins of tradingview.
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