INDIAMART INTERMESH- Watchout !!!
Updated
This stock is poised for a really good move either side.
The indications (not conclusive) suggest that the move would most probably fire on the upside.
The breakout could be massive so choose your entry based on your conviction.
However don't compromise with the stop loss here because if it chooses to go downside, the floor could slip away from your feet in no time.
The indications (not conclusive) suggest that the move would most probably fire on the upside.
The breakout could be massive so choose your entry based on your conviction.
However don't compromise with the stop loss here because if it chooses to go downside, the floor could slip away from your feet in no time.
Note
Target 1 done. Consolidating around that region getting ready for target 2. Raise the trailing stop loss as per risk appetite and protect the profits.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.