Multibaggerstock
HOW TO CATCH & RIDE MULTIBAGGERSHello traders!
This stock has given 37x in just 5 months in its previous move which was the 1st move. Again it has close above 50ma ,20ma and 6ma after bouncing from its previous support or demand zone at 113. We can take entry at cmp with proper position sizing as the risk here is approx. 35%. To catch multibagger stocks we have to take that risk with proper sizing to deal with the fear in trading.
Stoploss should be kept below the previous support of 95 below weekly closing.
Targets are mentioned in the chart clearly. It can go up to 22x.
NOTE : Once we achieve the 1st target of 100%, we have to book 50% of our total position and forget the 50% for investment purpose. That is the funda of catching multibagger stocks.
DISCLAIMER: This analysis is for sharing my views and not be considered as trading recommendation.
THANGAMAYL (NSE) Thangamayil Jewellery Limited - Going to moon ?~Thangamayil Jewellery Limited is a jewellery company, which is involved in the gold and silver, and precious metals.
~The company is engaged in the business of gold jewellery, diamond and silver articles.
~The company offers its customers a range of ornaments across several product lines.
~ It primarily deals with four product lines: gold, silver, diamonds and platinum.
~The company's jewellery products include bangles, bracelets, rings, coins, articles, dinner sets, earrings, pendants, necklace, malai, silver anklets, silver jewellery and chains.
~The company conducts its business under the house name Thangamayil Jewellery. It also offers various savings schemes to its customers wishing to invest in gold jeweller for the long run.
~The company operates a chain of retail Jewellery showrooms across the Indian - state of Tamil Nadu. Its branches are located in Madurai, Rajapalayam, Ramnad, Udumalpet, Theni, Tuticorin, Cumbum, Palani, Villupuram, Sivakasi, Karaikudi and Eral, among others.
ADANI ENTERPRISE PRICE ACTION ANALYSISNSE:ADANIENT has been consolidating in a rectangle pattern after a very strong uptrend and broke out of it.
It has also been consolidating in rising wedge pattern within the rectangle pattern from which it hasn't given a breakout out yet.
Considering the bullish nature of stock, it is only a matter of time when it will breakout towards 1900 levels.
Enter at the break of the wedge.
Targets: 2100/2250/2500+
sl: below 1673
Position size accordingly post breakout. HAPPY TRADING!
Chart of the week: GRASIMGRASIM has been rising slowly on its pace with out much difficulty. It seems Smart Money has been active in this stock for a long time and it was being accumulated for a long time for a much much higher targets. The way GRASIM has been rising, it may become a multibagger stock in coming months and years.
Buy GRASIM at current prices with SL 1200 for positional and for targets 3000++ and 5000++ in next 1-2 years.
For ecucational purpose only. All disclaimers apply.
EMAMI REALTYIt is forming base and trying to breakout soon.
if breakout succeeds then one can make long position.
but it has has to sustain atleast one day then we will enter.
Entry - Above 90
Sl - 86
Target :- Minimum 125 in mid term. and more beyond 180 in long time.
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your financial advisor before taking any position.
Thank you.