Monthly Chart (For Long term investments I use Monthly and Weekly Charts)
Trade Execution
- Beautiful Rounding Bottom spanning across 3 years
- Previous All Time High and Neckline breakout @128 levels
- Price went up to 160 and then beautifully retested @128
- Now on bullish trajectory
- Monthly RSI beautifully retested 60 levels and curved up indicating bullish bias
- Fundamentals are on growth trajectory
Trade Execution
- Accumulate at dips from CMP of 150
- Target - Rounding Bottom Pattern Target of 200
- Trailing Stop Loss Weekly SuperTrend 10,3 or 10,2
- Stop Loss - Monthly Closing below 128
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.