MakarandK

#MAITHAN Its swing trade idea for short term

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NSE:MAITHANALL   MAITHAN ALLOYS LTD
Maithan has given rounding pattern followed by consolidation breakout above 950 - 1100 range and holding well above the range. It will be also considered as flag BO. On weekly, all EMAs are +Vely stacked + MACD crossover in place. Hence, any dip towards 1070 - 1050 will be an excellent opportunity for fresh buy / accumulate with a SL 1010 for initial Tgt 1300.

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