Macrotech Developers Ltd. ( 45% upside potential )

26. Aug. 2024

Sector: Construction - Residential & Commercial Complexes

WTF as we can see MTF & DTF structure bullish and price makes HH & HL pattern and now price in MONTHLY demand zone ( previous resistance) with RSI bullish divergence and bollinger band lower band support in DAILY TF.
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...

price may face resistance at 1328 & 1540 approx ( indicated by RED LINE ) as DAILY supply zone as well as HTF supply zone....
on the other hand we PA moves against our anticipation, 1086/975 level on DAILY closing basis act as stop loss...
so keep in mind and plan your trade accordingly...

Who's gonna trade with me for this trade IDEA let me know.....

1. Sept. 2024

Anmerkung

10% unrealized gain from entry.....

16. Sept. 2024

Anmerkung

NOMURA bullish with tgt 1600... after ior entry....

30. Sept. 2024

Anmerkung

buy on dips....