SWING IDEA - MATRIMONY

2024年6月3日

Stock seems to have successfully retested its Swing Low at 500 levels.
A good support as well has formed at 547.
Price Action is trying to break the old Lower Low Pattern and form a new move upward.
MACD also seems to be slowly but steadily gaining momentum upward.
The recent Google Play dispute could be making the stock move at a very slow pace.
So far 547 seems to be like a good support zone. Although any new lows beyond 500 levels could only mean further disasters.
Trade only with strict Risk Management.

2024年6月6日

註釋

547 has proved to be a very strong support despite the Election Results dragging down many stocks. This is what good fundamentals can do. Even negative news cannot put the stock down.

Currently at 7.7% profits. Keep it rolling.

2024年6月7日

註釋

14% Profits done so far.
Trade seems to be going exactly as expected.
547 has proved to be a strong Support Zone.
Could hit targets sooner than expected.
Keep a close eye.

2024年6月11日

註釋

News:

MATRIMONY appointed Venu Muraleedharan Menon as its new chief human resources officer.
Most recently, Menon was vice president and head of HR operations at Fortis Healthcare.

2024年7月27日

註釋

Fresh Entry again after giving Max Profits of 14%.

2024年8月3日

交易結束：目標達成

Trade Completed. Target Achieved.
Total 21% Profits booked.
Time Taken = 7 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

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Comment any Stock that you want me to take a look into and share insights.

Kudos!!

2024年8月24日

交易結束：目標達成

Achieved 35% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.

2024年9月7日

交易結束：目標達成

Achieved 45% Profits from our Entry Zone. Congrats to those still holding on to this trade and booking bigger profits.