raghu.972

Is it called consolidation phase??

NSE:FMGOETZE   FED MOGUL GOETZE
Looks like Fed Mogul is in the range bound channel setup from 4 months and the trades tightly coupled. Is it getting ready for big move? Kindly advice
Comment: It broke out of the red colour region with high volumes.
Trade active: Broke out of the region specified above :). It can easily reach 590 now
Trade closed manually: Wow an excellent runup. Touched high of 578. :)