looking for 76 percent rise in first quarter of 2024 from 27-11Maitri is a real estate company that operates in India. The company is engaged in the development, sale, and leasing of residential and commercial properties. Maitri was founded in 2000, and it is headquartered in Mumbai, India.
Maitri has a strong track record of growth, and the company has been consistently profitable over the past few years. The company has a diversified portfolio of projects, which includes both residential and commercial properties. Maitri has also expanded its geographic footprint in recent years, and the company now has operations in several major cities in India.
Maitri's stock has performed well in recent years, and it has outperformed the benchmark indices. However, the stock is still relatively volatile, and it has experienced significant price swings in the past.
Overall, Maitri is a well-established company with a strong track record of growth. The company is well-positioned to benefit from the ongoing growth of the Indian real estate market.
Here are some of the factors that could affect Maitri's stock price in the future:
* The overall performance of the Indian economy
* The demand for real estate in India
* The company's ability to execute its growth plans
* The company's financial performance
If you are considering investing in Maitri, I recommend that you do your own research and carefully consider the risks involved.
**Specifically about the 30% upside potential:**
Maitri's stock price is currently trading at ₹1,000 per share. If the stock were to rise by 30%, it would reach a price of ₹1,300 per share.
There are a few factors that could contribute to rise in Maitri's stock price:
* An improvement in the overall performance of the Indian economy
* A surge in demand for real estate in India
* The company's successful execution of its growth plans
* The company's strong financial performance
Recommendation
Beginning Wave V of Impulse off July LoEnd goal is 506-510 by as early as April, but more likely May
Near term there is a decision point at 434 that will at least be tested for breakout in the coming weeks. If it breaksout expect 450, then pullback to test 434 for support, then finally move to low 500s.
Risk is definitely present with the possibility of filling gap down to 404.97; however, assume wave V is realized then it would be proceeded by a corrective wave to apprx. the wave IV low (in this case it would wait and fill gap down then and not now).
Highly recommended stock long-term based on my research on the company, IBD has 448.50 as the Buy-Point. DE impressed on earnings on Feb. 17, which can act as near-term catalyst if buyers pile in on this 0.618 pullback.
Not Financial Advice, but this is a Buy atm.
13 Recommendations for Traders1. You should not expect that the loss-making trades will ultimately lead to a reversal and profit. You should not build up a position on it, proving to yourself that you are right. The best solution would be to exit the position and accept your losses, as they are inevitable in stock trading.
2. Stop loss and take profit should be based on the market situation, not financial opportunities. If you need to set a stop longer than your deposit allows, the trade should be canceled.
3. Entry and exit points should be objectively justified.
4. Do not enter the market during the high volatility period - the pursuit of the large profits does not always end as a trader would like to.
5. Not all bear market strategies are bullish.
6. A canceled buy signal may be a sell signal as well as vice versa.
7. It is always easier to lose money than to make money on trading.
8. If the response to the news does not instantaneously appear on the market, perhaps it will follow in the future and will have more serious consequences.
9. To increase the likelihood of a successful trade, it is necessary to enter it with a little delay and exit it without waiting for the change in the profitable movement.
10. When a crowd enters into a trade it is time to exit.
11. If you have a feeling of anxiety you should close the trade and continue trading keeping a cool head.
12. Success is a prosperous series, not a single trade.
13. If the series of losing trades are going on, it is worth to take a break. This will allow you to gather your thoughts and, possibly, turn the tide.
Best regards EXCAVO
GBPUSD - DAY TRADE VIEW. GBPUSD - It's forming a support at current price and the bias is positive in favour of buyers.
Buy at current price with a stop loss mentioned in the chart.
Stop loss is a STOP & REVERSE level so in case, if it's hitting stop reverse your trade in short side.
Potential up move and down move is already mentioned on the charts,
Follow the levels strictly.
Cheers...Happy trading, if you like this idea hit the like button and write in the comment section. Thanks !!