Large Base Can Potentially Find ''MULTIBAGGER STOCKS''

١٢ أبريل ٢٠٢٢

Nagreeka Exports has BO of long 4.3 yrs base with 7x volume . Can be bought on every dips for the target levels as mentioned on the chart.


Educational Points

Large Base

1 - Early rally


2 - First point of profit booking/sell off



3 - Base formation after profit booking/sell off - this is the point to consider adding the stock to the watchlist(supply getting absorbed) but not in the buy list.



4 - Smart Money action, taking the prices to the previous high which should act as a resistance



5 - JOIN THE PARTY AT BREAKOUT, Important point to consider is Volume at BO



6 - Conservative Confirmed Buying



Examples of Large Base Formation could be Nagreeka Exp

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat