Maithan Alloy Ltd. is in a Bull run before reversal ....

Hello, friends in this article we will find and discuss about maintain alloy stock. About its future growth and deep analysis.

Maithan Alloy Ltd is a Fundamentally strong stock with a lot of Future Growth,  quality Management with good expected profitability, and excellent Financial Health lastly the bankruptcy threat is minimum.

Fundamental Analysis

 

Let's look into the Technical Chart 

Maithan Alloy Ltd. is in Harmonic  Shark Pattern on its Daily Chart.

B point retrenched less than 0.786 Fibonacci level of XA leg.

C point is the extension of XA 1.13 to 1.618 Fibonacci level.

and D point is the Projection of XA 0.886 level and BC 1.13 level, which shows the same price point i.e Rs .666/-.

Eventually, this should be the bullish target of this stock before reversal.

So investors can enter at  594 level and short term target can be  666 level.

Final Word With Conclusion

I hope you liked this article these are all about my opinion on Maithan alloy. If you have any doubts and queries regarding this please comment below.