Wednesday, 26 June 2019

Majesco Ltd. - Big Multiyear Breakout Forming On Weekly Charts #Watchlist BRK Point 550.

multibagger stock tips, top stocks to buy 2019-2020
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multibagger stock tips, top stocks to buy 2019-2020
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Dear friends, one more hidden gem i'm sharing with you which is forming a big breakout formation on it's weekly 5 years chart. This stock name is MAJESCO LTD and stock is registered on both Indian markets exchanges. 

According to above shared charts stock is forming a big VCP pattern where presently stock price is running in T3 formation. ( T3 means third handle or contraction range ).

In this chart we can also see an inverse head & shoulder pattern at right end side of this chart whereas neckline breakout point is 550 rupee. 

Now if stock move above 550 with big volumes and close above this level then we can consider that a breakout. But right now it's trading below that point, so you can keep this stock in your watch-list and do your own research to identify best entry and exit points.

For more information or any query related to this stock you can leave your message in comment section.

Disclaimer :- Above article is shared for education purpose only. Don't find any advisory angle for God sake.

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Himanshu Tiwari & Market Prophecy Brand Names Are working in the area of research on Vedic Astrology & Stock Market Relations and Price action Technical Analysis. Here in this blog i'm publishing articles related to Stocks/Index/Commodity & Currencies as well as General Price Action technical Analysis. All the articles which are published by me are based on Astrology & Price action analysis. As per the rules before publishing any recommendation of buy or sell on any security listen on exchanges one must need to registered with SEBI. Here posted articles are only for educational and study purpose and not for any kind of commercial use. So use my study for your own sack of knowledge. My only intention to start this blog is to learn new things together.

नमस्कार दोस्तों , इस ब्लॉग पे आने के लिए आपका अभिनन्दन. प्रिय पाठको इस ब्लॉग पे मेरे द्वारा जारी किये गए सभी विश्लेषण, छाया चित्र और अनुसन्धान लेख केवल आप सभी पाठको से मेरी बाज़ार के प्रति व्यक्तिगत समझ व अनुसंधानिक जानकारी को साँझा करने के उद्देश्य मात्र के लिए है. इस ब्लॉग का उद्देश्य किसी भी प्रकार की खरीद या फरोख्त की सलाह देना कदापि नहीं हे क्योंकि नियमानुसार शेयर बाज़ार में सूचीबद्ध किसी भी शेयर में सलाह देने के लिए भारतीय प्रतिभूति और विनिमय बोर्ड से पंजीकृत होना अनिवार्य है.
आप मेरे द्वारा साझा की गयी जानकारी को अपने स्वयं विवेक से अपनी बेहतरी के लिए उपयोग में ले सकते हे. मेरा एक मात्र उद्देश्य आप सभी पाठको से बाज़ार के विषयों पे जानकारी को आदान प्रदान करना हे जिससे सदैव कुछ नयी जानकरी हमें साथ में सिखने को मिले.