Imagicaa world Entertainment Ltd (Monthly Chart)
1. New Management
2. Sales improved
3. Volume
4. RSI above 60 Daily / Weekly / Monthly
5. Moving averages inline
IMAGICAA trade ideas
Cup and handle pattern breakoutGood volume buildup in daily and weekly timeframe.
Cup and handle pattern breakout with good volume.
Fundamental's are OK.
NOTE: I do my analysis, do yours before trade.
IMAGICAA1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability of one thing happening over another.
5. Every moment in the market is unique.
LONG TERM WEALTH IDEA - IMAGICAA WORLD ENT LTDLONG TERM WEALTH IDEA - IMAGICAA WORLD ENT LTD
Company has some issues, still I believe it's could be a turnaround story.
This is not a recommendation, just for educational purpose. DO NOT COPY this trade. Consult your financial advisor before investing!
imagicaaform recent we can see good volume and resistance 3 time touched. so we gonna bull for some percentage as of my view is very short term(not more than week).
Go Long - Imagicaa EntertainmentStock has come out after multiple months of consolidation at a monthly level. expect a good bounce of Wave 3
IMAGICAA, a magical rideCan enter if CMP is sustained. Saw a huge sell off but has picked up momentum after re-testing the trend line that it broke out from. A target around 55.70 seems sufficient for this magical ride.
No buy/sell recommendation. NSE:IMAGICAA
IMAGICAA - Long Imagine you're watching a fascinating movie about a stock called IMAGICAA. The stock's journey is like a thrilling adventure that keeps you glued to the screen.
First, the stock made a beautiful pattern that looks like a cup, just like a potter crafting a cup from clay. And then, guess what? It broke out of that cup, like a bird soaring from its nest for the first time. That was a big moment!
But then, something interesting happened. The stock went back to the level where it broke out – like taking a step back to double-check its path. And you know what's cool? It's like the stock said, "I got this!" because it didn't fall back. It stood strong right where it had broken out.
That's when the journey really began. It's as if the stock got its superhero cape and started a long, exciting journey upwards. And you know how they say, "With great power comes great responsibility"? Well, in the stock world, the key is volume – it's like the cheers from a crowd getting louder and louder. The volume was increasing, which means more and more people were joining the adventure, adding to the excitement.
And there's another character in this story called RSI. It's like the stock's energy meter. Guess what? That was rising too, like the stock was getting a boost of energy for its journey.
Now, here's something interesting to think about. When the stock dipped back to the breakout level – remember, that's where it first broke free from the cup – it might be like a friendly test. It's like the stock saying, "Hey, let's see if this is real." And if everything lines up, it could be a great chance to join the journey, like getting a ticket to an amazing ride.
But remember, this story is not financial advice. It's more like enjoying a thrilling tale of a stock's adventure. Just like in movies, the stock market has twists and turns, so it's important to be cautious and do your research.
So, there you have it – IMAGICAA's cup, breakout, and a soaring journey, all with increasing volume and rising energy. It's like a story that keeps you at the edge of your seat, wondering what's next.
