NeeteshJain
Long

Equitas - Strong Trendline Breakout

BSE:EQUITAS   EQUITAS HOLDINGS LIMITED
It has been observed that the price action trending down since one year from 180 to 140 levels. Now, it is breaking above the downward trendline indicating a bullish and a strong move ahead.

T1- 146
T2- 152
SL 138
Trade active
Comment: Moving fast, still a good time to enter. Thanks
Trade active: Equitas Going strong
Comment: Momentum activated
Trade closed: target reached: Target 1 reached successfully.
Trade active: Continuing the rally after yesterday's short correction.
Trade active
Its back in support zone, can we buy now?
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NeeteshJain p.b.pradeep
@p.b.pradeep, Wait for a bullish candle to occur to indicate buyers comeback in order to enter long.
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Another excellent piece of work !!!! Do you expect a pause now around 144-45 range then roll towards next target ?
+1 Reply
NeeteshJain ShanTrader
@ShanTrader, Yes, it might take a pause after previous day rally but shall continue to go further up once closes above 147 levels. Thanks
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As usual the stock has gone up after your post:)...so i entered at 41 later:):)
+1 Reply
NeeteshJain jayadeepreddy
@jayadeepreddy, Yes, it usually happens with everyone but we follow trend and not just price action. You can hold it comfortably as the trend has changed as it closed above the trend line.Now, indicating a further move up. Thanks
+1 Reply
jayadeepreddy NeeteshJain
@NeeteshJain, just kidding boss...I meant to say that the number of followers you have is the reason for the price increase at that point of time...It was a joke...
+1 Reply
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