➡️ Breakout near ₹1,239.90 ➡️ Next resistance levels: ₹1,289.75 and ₹1,350.20 ➡️ RSI: 65.65, showing strength but approaching overbought territory ➡️ Volume: Strong volume confirming the recent uptrend ➡️ Join trend: Watch for break of ₹1,239.90
Maithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro silicon, Ferro manganese, and silicon manganese. The firm also generates and supplies wind power. Maithan Alloys Ltd CMP is 1212.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last...
Maithan Alloys Ltd is among India’s leading manufacturers and exporters of niche value-added Manganese alloys. The company prime products include Ferro Manganese, Silicon Manganese and Ferro Silicon. It has a global presence with customers like SAIL, Tata Steel and Jindal Steel & Power. Maithan Alloys CMP is 1070.35. The Negative aspects of the company is...
Here are possible targets for long term. My view is hold for at least a year. Can reverse from target zones because these are previously resistance zones.
Start buying this Tock for the Long term (2-3 years) Fundamentally strong stock High Piotroski Score - Companies with strong financials Strong Annual EPS Growth Good quarterly growth in the recent results Inverted Hammer (Bullish Reversal) High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio High growth and High Return...
breakout cup and handle bullish good for long term do your own research before investing
Maithan has given rounding pattern followed by consolidation breakout above 950 - 1100 range and holding well above the range. It will be also considered as flag BO. On weekly, all EMAs are +Vely stacked + MACD crossover in place. Hence, any dip towards 1070 - 1050 will be an excellent opportunity for fresh buy / accumulate with a SL 1010 for initial Tgt 1300.
Marked couple of DZ and SZ lets see how it plays out.