Buy Dilip Builcon only in dip around 432-428 with stop loss below 416 for target 462-476
RSI has crossed above 30 line with MA cross over signal to the positive side
CCI has given + MA crossover.
Volume are good on crossover
Likely candidate for mean reversion.
RSI has crossed above 30 line with MA cross over signal to the positive side
CCI has given + MA crossover.
Volume are good on crossover
Likely candidate for mean reversion.
Order cancelled:
market spiked before initiating call
Comment:
Closed at 478 ( 8.9% up). We identified the right trend but couldn't onboard beacuse of our conservative approach for risk and reward ( 1:2)