MIDHANI - BOTTOM FISHINGNSE:MIDHANI Weekly chart showing exact location at 4 years of moving average with bullish formation double bottom.
MIDHANI trade ideas
Mishra Dhatun LTDThe company caters to Military Equipments and Its a long Term hold so we should look to buy into this. Overall the company has a long journey to fill can it be a next BDL
MIDHANIHi guys,
In this chart i Found a Demand Zone in MIDHANI CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
MIDHANI is Good 370 buy MIDHANI is Good 370 buy good level
Is good BTST Good
Weekly Breakout
level Study and buy
only for
Education purpose
Mishra Dhatu Nigam Trend Analysis3rd wave of higher degree Wave III can start anytime soon.
Good to buy above 351 with Stop loss around 310 for the following targets
Target 1 : 1450 (310% ROI)
Target 2 : 2300 (550% ROI)
Do your own due diligence before taking any action.
Peace!!
Mishra Dhatu Nigam Ltd.*Mishra Dhatu Nigam Ltd.*
P&F Formation on Yearly Basis.
Price BreakOut Needed & Sustained. Then good to go.
Strong Vol Consolidation. Continued Traction Needed.
Metals Index: Positive Outlook
RSI: 1H>D>W<M
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*This is an Opinion. Do your own research.
*_Happy Investing_*🤓
Mishra Dhatu Nigam Ltd.*Mishra Dhatu Nigam Ltd.*
P&F Formation on Yearly Basis.
Price BreakOut Needed & Sustained. Then good to go.
Strong Vol Consolidation. Continued Traction Needed.
Metals Index: Positive Outlook
RSI: 1H>D>W<M
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*This is an Opinion. Do your own research.
*_Happy Investing_*🤓
MISHRA DHATU NIGAM LONG MIDHANI - Buy
Trade Reason :
Weekly Support - 400
Fib Retracement - 0.786
4 Hour Trend Reversed .
Entry - 408
Target - 516
Stoploss - 390
Thank you ...
MidhaniATH and 52 wk high breakout above 547,
recent breakout from 510 levels with huge volumes.
good buy above 547 or when it comes close to 510
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
MIDHANI | SWING | LONG | PRICE ACTION | BASE FORMATIONStock is trying to come out of a base.
Really good price contraction at the previous swing highs
Price is being followed by the 20 EMA, showing momentum
Problems:
No volume dry-up
Overhead supply
Mishra dhatu Swing Trade Stock given break out with volume.
434 below 1day candle closed stoploss.
Target -600(26% max Target)
Sl-434 (7%)
If you need more small sl then add half quantity CMP. Other half at retest area.
MIDHANI | LongStructure looks goos and technically its strong stock , soon i will share detailed analysis
Midhani: Me-Dhani?Stock has formed the inverted HnS pattern, need to close above 442 to confirm the BO, the volume should be good. This may take the stock to its ATH swiftly.
MIDHANI DHATU NIGAMMishra Dhatu Nigam Ltd (MIDHANI) manufactures superalloys, titanium, special purpose steel and other special metals.
It was incorporated in 1973 at Hyderabad as a Government of India Enterprise under the Ministry of Defence.
GoI still owns ~74% stake in the company after its IPO in 2018
The company was set up by the Govt. with a view to achieve self-reliance in the production and supply of various super alloys, special steels, and soft magnetic alloys to Defence and other Strategic Sectors such as Energy, Space, and Aeronautical applications. It is the only manufacturer of Titanium alloys in India
The company sells its products across 22 States of India & 4 countries across the world.
Manufacturing Capabilities
The company operates 2 manufacturing facilities, one at Hyderabad, Telangana which produces various products such as High Value Speciality Steel, Super Alloys, and Titanium alloys, and another at Rohtak, Haryana which manufactures Armour products. Its Hyderabad facility has 2 units one is a wide plate mill and another one is a spring plant with a capacity of 60000 springs per year.
Expansion & Upgradation
In FY23, the company set up a unit in Rohtak, Haryana for the development of body armor, vehicle armor, bulletproof Morcha, and bullet-resistant jackets. It has set up a New 8T capacity Vacuum Induction Melting Furnace and a 300 Kg Vacuum Arc Skull Melting Furnace. It spent a capex of ~76 Cr in FY23.
It set up a new Titanium Shop, a new 20T & 12T Fixed Hearth Furnace for the Forge Shop, and a Fastener plant- operational by FY24
New Projects
The company is working toward the establishment of a Metal Powder Production Unit boasting a capacity of 50 TPA and plans to procure an 8000-tonne capacity hydraulic compacting press, augmenting the Bar & Wire drawing facility. It has planned 300-400 Cr of capex over the medium term.
It has an order book of ~1762 Cr as of Q3 FY24 to be executed over the next year. Space and defense together contribute to 70-75% of total orders
MIDHANI Breakout above 2.5 years rangeMIDHANI
Closing aboe 238-240, may give good up move.
was in this range for almost 2.5 years.
Good for cash/investment.
Targets 260-280-300,350,400,450,500+
-Saptarish Trading.
Not a SEBI registered analyst, do consult your financial advisor.
MISHRA DHATU NIGAM SWING TRADE IDEAMISHRA DHATU NIGAM trading between weekly resistance zone with gud volume after taking support from support trend line similar kind of pattern was seen in RVNL few days ago can look for swing trade with your prefered RR.
MIDHANI looking good for ek ka do (RR 1:2) ????is MIDHANI taking a U turn and reaching for ATH.
Enter above today's high, SL can be last swing low (or as per your analysis)
A+ SETUP WITH 12% UPSIDE POTENTIALAs we can see MIDHANI has broke the marked resistance and currently it is retesting it and alongside making a falling wedge hence adding confluence that it can continue to the upside.
Target - 500
MidhaniThese are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
This content for only education purpose!
I am not SEBI Register.
MIDHANI - Weekly Chart Analysis Stock broke out of it long range consolidation of almost 3 years. It looks strong on a monthly timeframe too with volume support. Stock is seen sustaining above the 306 levels. Though a retest is pending of the earlier resistance (248-278) which shall act as a support now.
As per the trend based fib further levels that can be tested are 400-465. (Uncharted territory)😊
This view stands invalid if it closes below 248 levels on a weekly basis.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Midhani: Me Dhani?Midhani might be ready to form a new channel to move further up, this may be seen as flag break out, currently retesting the old channel. Let it close above 308
MIDHANI Mishra Dhatu Nigam LtdMidhani looks promsing on chart and easily achievable target above 360 to 400 range in very short time. Fundamentals and strong defense raw material need will take this to new levelsfor medium and long term,
