1. Possible change in MS underway 2. Volume expansion at BO 3. Falling wedge pattern 4. Trendline breakout 5. Waiting for retest 6. Support zone: 3320-3370 7. Target: 3760, 3847, 4008
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.
IF target doesn't hit, Do u wait for support breakdown for SL ?
johntradingwick
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@nishantchimote, IT depends on your buying entry. Here is the update.
nishantchimote
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nailed it
sendilt40
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Britannia debenture 1:1 showing. please explain what it's mean
johntradingwick
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@sendilt40 Britannia Industries has allotted bonus debentures to its shareholders. Each investor will get a debenture of face value Rs 29 for each fully paid-up equity share held on May 27, 2021.
So, 1 share will get you 1 debenture. You can read more about it on Google.
Chinmayonniftyy
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Nice. Bro... what do you think of potential target of tata power for short term?
johntradingwick
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@chinmaypatnaik, I'll look at it, don't really have time at the moment. I'll message you later.
SSR1999
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sir what's the meaning of volume expansion
johntradingwick
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@SSR1997, Volume expansion means an increase in the volume compared to the previous sessions. In simple words, it is relative volume.