Consumerdurables
NINTENDO _ Rising Wedge Patter Target _ Achieve +100% PROFITRising Wedge Pattern forming and Expecting a Breakout. If Breakout above the Rising Wedge Pattern, market approaching the Pattern Target at price JPY 18,160. Offering the potential to Achieve a 100% PROFIT. This is Long-Term Analysis, must follow the Trend Continuation Technique.
Support me; I want to Help People Make PROFIT all over the "World".
The Electronic Cousins - MIC Vs MI"R"C ElectronicsMIRC Electronics Limited is an India-based company, which is engaged in the business of manufacturing and marketing of consumer electronics goods primarily under the brand, Onida. The Company operates through consumer durable products segment
MIC Electronics Limited . is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
While both companies operate in the Consumer Durable Product Segment - Its surprising to see that both companies Technically are going thru a Very Similar Pattern
Multi-Year Falling Parallel Channel
Cup and Handle Pattern near the Parallel Channel Breakout zone
Both are showing Multi-bagger setup
In the Short-Medium Term, below are the Targets for both Companies
MIC Electronics : C&H BO done and now on verge of Resistance BO at 50.5. If sustained above 51 WCB then Targets are 65, 83, 110. Compared to CMP - 50 Target is 2x Away
MIRC Electronics : C&H BO Done and now on verge of Resistance BO at 29. If sustained above 30 WCB then Targets are 50, 90. Compared to CMP - 29 Target is 3x Away
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Titan Company Ltd - Breakout Soon + Keep an eye📊 Script: TITAN (TITAN COMPANY LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Durables
📊 Industry: Gems Jewellery And Watches
Weekly Time-Frame
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
📈 MACD and Double Moving Averages may give crossover into next trading session.
📈 RSI is around 62.
BUY ONLY ABOVE 2745
Last 5 year stock performance between Sep - Dec
💥2017: 35%
💥2018: 3.4%
💥2019: 7.6%
💥2020: 24.5%
💥2021: 26%
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
$LINC longStill showing incredible resilience in a bear market.
Daily/weekly flag remains intact at the time of writing.
Watching for a 52wk high breakout and rejection shortly after be nimble on the breakout if you wish to play it.
Holding above many many vwaps of all lengths of time/volume.
Serious amount of liquidity above $265s OBV still moving up and institutional buyers keep stepping in here.
Stop below $285.