JP Associate- 2016 Diary- Up-Up & Away from 7 to 11
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Thanks "rmthariyan"- for reminding.
This stock post explosive rallies always go in sideways moves & troubles, so likely could rest in the zone 9-9.25 in coming days if it holds then we will think about going long in the stock for targets close to 11.65 or it breaks 11.65 whichever happens first.
This is how we moved in 2016.
Click the charts below & use load bar feature within the charts
Careful below 10-11
Rocking M Support
This stock post explosive rallies always go in sideways moves & troubles, so likely could rest in the zone 9-9.25 in coming days if it holds then we will think about going long in the stock for targets close to 11.65 or it breaks 11.65 whichever happens first.
This is how we moved in 2016.
Click the charts below & use load bar feature within the charts
Careful below 10-11
Rocking M Support
Trade closed: target reached:
Done
Best Regards,
Abhishek H. Singh, CMT
Growth Director - India
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Abhishek H. Singh, CMT
Growth Director - India
http://in.tradingview.com
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
rmthariyan
Lots of OI in the call options; but stock can break up above 11. Sometimes doesn't seem right...
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AbhishekHSinghCMT
rmthariyan
@rmthariyan, let us wait & see -if it breaks 11 on upside.
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adnanfarooq37
AbhishekHSinghCMT
@AbhishekHSinghCMT, sir which type of pattern it is
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AbhishekHSinghCMT
adnanfarooq37
@adnanfarooq37, Hi, I was busy. This is one of the harmonic patterns.
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