MBAPL - A Multibagger Stock, Gained 248% in 1 Year
Madhya Bharat Agro Products Ltd (NSE:MBAPL)
Madhya Bharat Agro Products Ltd (NSE:MBAPL), part of Ostwal Group, is engaged in the business of manufacturing fertilizer and chemical products.
#MBAPL gave an entry at 193.50 on Feb 07, 2022 when it broke out from triangle pattern as shown in chart below.
It has moved from 193.50 to 674.95 levels in last one year.
It is now trading above Resistance 9 of 582.
Next Resistance 10 is at 705.
Trailing Support is at 505.
Here is the journey of MBAPL in last one year:
If you like our charts and want to learn practically and be a part of these success stories, you are most welcome to join us here:
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9amEducation (by 9amPrime) is a learning platform. Here, we share:
👉 Real time Weekly Chart Setups (Mostly breakout setups on weekly timeframe)
👉 Real time Daily Chart Setups (Breakout/Swing setups on daily timeframe)
Most weekly charts are based on Friday closing price and are added on Friday to Sunday. However, if we find some exceptional setup, we do add it during weekdays. Daily chart setups are added near market closing hours or after the market. (Only if there is a strong price action in any stock and overall market direction is favorable)
You will also find:
👉 Previous Charts as Case Studies
These real time case studies are a gold mine for our learners. This is the practical way of learning trading in stock market. These case studies will help you in understanding the market in real conditions and a learner can develop his/her own trading plan based on these studies. You will practically learn how technical studies help in locating such successful setups.
(Above example of MBAPL is one such example from these case studies)
Besides this, we share important concepts on trading including but not limited to
👉 Risk Management
👉 Position Sizing
👉 Technical Concepts
👉 When to book profits etc.
All these concepts are important part of a successful trading plan.
Regardless of your current position in life or your financial standing, it’s clearly possible for you to make your dreams come true using this system. You may have heard or read about the thousands of individuals who have changed their lives by trading in stock market. It really happens, and it can happen to you if you are determined and have an overpowering desire, no matter how large or small your account, as long as you make up your mind, work at it, and don’t ever let yourself get discouraged.
During the course, you will find many examples of successful setups with correct entry points and exit strategies. Study them closely; you’ll find these patterns repeat over and over again throughout time. If you learn to recognize them early, you could get in on some future big profits, even if it takes some time.
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Team 9amPrime