The stock has come down to a long-time support trendline. If trend reversal is shown in coming sessions. It can deliver 10 to 20 percent in the coming weeks. Levels are mentioned on the chart.
For learning and sharing purposes only, not a bit of trading advice.
Please comment with your views.
We stand patiently in losses but lose patience when in profits.
For learning and sharing purposes only, not a bit of trading advice.
Please comment with your views.
We stand patiently in losses but lose patience when in profits.
Trade active:
Although according to our setup our trade was closed. After closing 4-5 days below 470, the stock is again entering into the previous channel.
Again opportunity comes if it crosses 486 and maintains over the levels. Targets are 510/570.
Most importantly, the stop loss should be below the 470 levels or preferably that suit your money management. Because the market may be more volatile in
coming sessions.
For learning and sharing purposes only, not a bit of trading advice
Again opportunity comes if it crosses 486 and maintains over the levels. Targets are 510/570.
Most importantly, the stop loss should be below the 470 levels or preferably that suit your money management. Because the market may be more volatile in
coming sessions.
For learning and sharing purposes only, not a bit of trading advice