johntradingwick

Arihant - BO with massive volume. Potential 35% opportunity!

Long
NSE:ARIHANT   ARIHANT FOUNDATION
Key Highlights:

1. Trendline Breakout
2. Bullish market structure
3. Support from 200MA
4. Massive volume on the breakout
5. Target: 25, 30. Stop Loss: 20

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Comment: All targets hit. ✅✅
35% in a week! 😊

Comments

Can we enter now ?
Reply
@sudarson_p, No, don't enter now, it's not worth it. You can wait for better trades such as Britannia. I am going to post a chart soon.
Reply
sudarson_p johntradingwick
@johntradingwick, Thanks for your reply, can you please suggest any other low price stocks
Reply
@sudarson_p, Sorry man, I don't track low-priced stocks. I posted this one due to a request.
Reply
Will there be any problem to sell after buying such stocks?
Reply
@Tapasnayak, I think it depends on the quantity you are buying. Also, you should exit as soon as the target is hit, without being too greedy. I am just investing a small point-like 1-2% of my portfolio.
Reply
Tapasnayak johntradingwick
@johntradingwick, will exit around 25% then 😂... Same stuff with SUZLON energy.... What's your views on bank of India at cmp. Chart is looking very Bullish. Also the Privatisation news is round the corner?
Reply
@Tapasnayak, Yes, as soon as you spot weakness, just exit the trade. Everyone has a different risk-taking capacity. I'll look into the Bank of India, haven't seen the chart. Will post it if I find it useful.
Reply
Tapasnayak johntradingwick
@johntradingwick, yes thank you. Of course it has formed a cup and handle pattern on daily tf. Can see immediate target of 99. Waiting for you Analysis. 🙏❤️
Reply
@Tapasnayak, Seems like there's no liquidity at all. Were you able to get in?
Reply
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