vanathi

Trader's Queries - IZMO!

NSE:IZMO   IZMO LTD
Query : I have bought IZMO at 112. Now price is falling. What to do?
Price action is trending inside an upward channel and has formed double top . That is the technical reason for the fall in price. If it sustains 102, price will reach 118. Resistance is seen at 118 - 121 levels. To move up further, resistance should be taken out. Whether it is trading or investment, one should always fix stop loss and target.
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Comments

Thank you for sharing your knowledge. This is very helpful. I take this particular post as teaching. Looking forward to such posts in future :)
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vanathi samwatts
@samwatts, Thank you for the encouragement :)
+1 Reply
thanks a ton... Appreciate your efforts and technical charts ... !
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vanathi samyr99
@samyr99, Welcome :)
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