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shiv2798
Aug 12, 2017 9:37 AM

Up coming possible trade You dont want to miss  Long

INDIAN OVERSEAS BKNSE

Description

The stock is facing some Fundamental issue but for sure the stock will bounce once they brake the down trend channel low
and it will move like a Rocket , i think the risk to reward would be very good ,
The issue with Fundamental will be ultimately resolved after the completion of the stock accumulation , so keeping an eye on this would be Good
Regards

Trade active

Sorry for delay , last week the price did drop near 19.80 any drop is buy , this stock is going go for larger move , this is the end of its consolidation ,
Those who look for long term investments can do so ,
Regards

Comment

did miss me ?? ha ha Booked my 1st Profit from 20 to 28

Comment

My 1st Level was Booked on 28 and now price is retesting higher low , one can look for entering with risk and appetite for Longer term view
Comments
hotpot64
Hi
Just for learning purpose, a query, is there a way we can know how long the consolidation will take place?
hotpot64
and one more query, when to use weekly charts, daily charts or 1 min charts ?
shiv2798
@hotpot64,
Yes its possible , it's time based correction wave ,
Regards
hotpot64
@shiv2798, Can you please elaborate a bit more.
shiv2798
@hotpot64, no it's not possible for explaining in a bit ,
Regards
hotpot64
@shiv2798, ok no problem, if you know any online resource from where I can learn more about it then please share.

Thanks for your time.
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