PRICE RESPECTIONG THE TREND LINE ON WEEKLY TIME FRAME .
I HAVE PLOTTED WMA 20 PERIOD, A-VWAP & THE FIB LEVELS .
THE VALUE OF A-VWAP IS Rs. 11.70 IT WILL BE BEST PRICE TO BUY AND HOLD
FOR THE TARGET OF 25-30% AS PRICE TAKEN SUPPOR AT IMPROTANT LEVEL OF FIB (0.618),
IF IT BREAKS THEN THE NEXT SUPPORT WILL BE AT FIB (0.50) PRICE @ 10
SO we may TAKE THE TRADE WITH SL AT 9 AS PER YOUR RISK appetite .
and Target 1 @ 15.70 .
Disclaimer : this is a penny stock ,it will be much volatile .i recommend to ask your financial advisor before investing in my idea,.
i am posting this for education purpose only. I Won't be liable for any loss of profit from my personal views to any one.
I HAVE PLOTTED WMA 20 PERIOD, A-VWAP & THE FIB LEVELS .
THE VALUE OF A-VWAP IS Rs. 11.70 IT WILL BE BEST PRICE TO BUY AND HOLD
FOR THE TARGET OF 25-30% AS PRICE TAKEN SUPPOR AT IMPROTANT LEVEL OF FIB (0.618),
IF IT BREAKS THEN THE NEXT SUPPORT WILL BE AT FIB (0.50) PRICE @ 10
SO we may TAKE THE TRADE WITH SL AT 9 AS PER YOUR RISK appetite .
and Target 1 @ 15.70 .
Disclaimer : this is a penny stock ,it will be much volatile .i recommend to ask your financial advisor before investing in my idea,.
i am posting this for education purpose only. I Won't be liable for any loss of profit from my personal views to any one.