skbharathi
Long

Equitas Holding-Price trying to move above the TL

NSE:EQUITAS   EQUITAS HOLDINGS
38 0 3
Equitas             holdings, the price is trying to move above the falling TL( Trend LIne ).
RSI gave a Breakout
Also the price is taking support at 50 DEMA .
Once it closes above the TL i.e 160 it can be longed for 165 and 175 levels
Stops can be placed @ 155
Thanks & Regards
Trade closed: stop reached: The move above the TL was not sustained and it closed below the upper TL
and further selling brought the stock below the triangle. Stop reached.
Thanks and Regards
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