The last week's Doji candle with heavy volumes near breakout is a strong indicator that this scrip is going to blast in the next few days, as this indicates absorption volume.
Entry: Buy when it starts cleaning out the Doji on the upside. SL: Below Last week's Doji Tgt: Wait till it gives a close below the Hourly 20 VWMA (on a daily closing basis)
fundamentals of this company is too good. thanks for the chart
raavigeorgian
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@ravihit957, bro thanks for pointing out the fundamentals.
bpcchothani
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@ravihit957, thank you for your research. I also have wanbury. Kindly let me know if I should hold on to this stock. I have just started with equities. Thank you
drdc11
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i didnt understand.what tg we looking at
thanks in advance
ravihit957
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@drchalkar 160 should be the first target
raavigeorgian
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@drchalkar, If it's an up trending week, I look at about 20-30% in a multi year breakout and book profits (can hold longer if I don't find another compelling scrip). In a sideways market I'd book out sooner (roughly 15%).