Chambal Fertilizer [Swing opportunity]
This script follows a particular trend and is currently at support. The trend here is that the stock bounces off the 50 day EMA. So I am expecting it to bounce back again since it is at a trend line support and EMA support (not a perfect support but works for me).
Targets are given, trade accordingly.
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This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
Targets are given, trade accordingly.
======
This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
I don't post as often but when I do, the trades are potential movers for the week! So trade and book your profits accordingly.
Happy Trading!
Basically, don't just jump into the trade. Wait for the stock to retrace. If it retraces back to support then that would be a good sign else let it cool off.