Medium term hold for 100%+ returns Rounding bottom pattern . Entry around 1500 after a short pullback by end of Dec’23. Target 2,600 by mid Mar’24.Resistance at this level .
May pull back again .Final target 3,600 by Aug’24
METROPOLIS trade ideas
Reversal Broadening Wedge pattern in METROPOLISMETROPOLIS HEALTHCARE LTD
Key highlights: 💡⚡
📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 1373-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 1160-.
📈 Can Go short in this stock by placing a stop loss Above 1720+.
metropolis healthcarecan buy metrolopolis healthcare
company has good financial improvements and reduced debt
also price trending at bottoms
disclaimer:
i am not sebi registered analyst
this is for educational purpose only
do not take huge trades on educational chart overview
Likely to see cup handle over time. Cup pattern likely over time.
Entry only when option premiun low or accumulate.
Trade with hedge and sl
cup and handle patternmetropolis forming cup and handle pattern in daily and weekly, buy is recommended
2000 Or 1200 ? Cautiously BullishPost reaching a high of 3500 in December '21, a substantial decline followed, settling in the 1200 range.
Notable support within 1177 to 1220.
Currently, trading near resistance and shaping a potential double bottom formation. Close to the upper boundary of the last year's price range (1177 to 1524).
A successful breakout from resistance could propel the stock to levels between 1900 and 2000.
Caution: Failure to break out may imply continued weakness.
METROPOL#METROPOLIS
Reasons : ⚡️
1. Cup & Handle Formation
2. Horizontal Range Breakout
3. Trying to breakout post 10 months long base formation.
metropolis healthc is good zone bulllish candle day and perfect falling wedge pattern retest also done stoploss 1350 and target is big
100 ema cross 200 ema very good sign for bullish is heavy happy journey
METROPOLIS looking attractive coming from bottom levels. Chart forming very bullish pattern. Its was breakout and retested. Now showing the strength to make next leg up.
RISKING 3% FOR THE REWARD OF 15% IN NSE:METROPOLIS HEALTHCAREprice made CHANGE OF CHARACTER from BERAISH to BULLISH in DAILY time frame and taken out the inducement (1st pullback) and reached the first valid DEMAND ZONE and we can look for LONG from that level and can ENTER the trade ABOVE 25/08/2023 candle's high by placing a strict STOPLOSS of 3% or when the SL got hit, can look for long from extreme demand zone (price level - 1210 to 1970).
Metropolis hidden bullish divergence and springMetropolis is a very good company in diognostic field
Now it is looking hidden bullish divergence and spring on resistance according to wykoff method
I am not sebi registered and adviser
Metropolis trendline breakoutTrendline breakout in Metropolis, Positionally looking good for small bounce.
METROPOLISAfter five weeks of narrow range consolidation, a breakout happened this week.
METROPOLIS can be bought for the medium term. (without denying the possibility of another global selloff incident)
SUPPORT - 1165
TARGET - 1820/2080/2400
METROPOLIS Metropolis institutional resistance levels have been repeatedly touched, forming a distinct W pattern. This suggests that there might be a breakout opportunity to watch for based on the closing candle. Could be a potential idea for swing trading.
Metropolis HealthcareThe support has sustained for a few months now, along with a rising trend in RSI
Metropolis can show a strong upmove once the current range shows a break out upward.
Stoploss in the recent bottom can give us a favourable risk to reward.
MetropolisMetropolis Healthcare seems to have given breakout. If sustains than may give a long rise. May need index support to rally. For study only.
Green with trend for dividendA good news for Metropolis investors.
Stock announced dividend, here ex-dividend date is Thu 23 Feb 2023 or payment date is Sun 12 March 2023, ₹8 is amount for per share.
I'm going make a position and get rewards as per my equity strategy.
Buy ₹ 1355.50/-
Book at least 5% profit.
METROPOLIS Buy for intraday tradingMETROPOLIS Buy for intraday trading if stock breaks the given resistance level.........
METROPOLIS Buy for intraday TradingMETROPOLIS Buy for intraday Trading if stock breaks the given resistance level.........
Metropolis above 1650, will take to 1800Metropolis bottom is made and retracing back.
an hourly close above 1650, WILL give a quick 150 points move
we can expect a good rally in this, but i advise to play between levels and keep trailing stoploss to avoid profit leakage
