1. 2021 High Breakout. 2. Huge Breakout Volume. 3. Aggressive New longs in Futures. 3. Increased Deliveries. 4. Huge Volume Activities in last couple of months. 5. Strong Relative Strength and RS inclined up (meaning Stock continues to outperform benchmark). 6. Net Alpha of 42.71% from ARS date 7-March 2022.
Nice analysis, can you please help us with TP and SL, ?
AmanSaraf
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@b9nk6, Thanks. Given the volume activity & other factors, take SL below 69/- and for TP, I don't set a TP level. Let the stock run it's course. Who knows what's in the store. Although keep eye on price action. Any significant price action calling for bearishness will dictate the move for Exit.