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Rocky_Chow

Ride the trend but be aware of a potential bear flag as well

Long
JUPITER WAGONS LTD (NSE:JWL)  
Rocky_Chow  
NSE:JWL   JUPITER WAGONS LTD
Chart Patterns Trend Analysis
3
0
chartpattern trendanalysis
stock may be finding support at the 50dma and the lower end of the parallel channel so having positive bias one may ride the existing uptrend so far...unless ofcourse it turns out to be a bearish flag! an stoploss exit should be on daily close below todays morning low... better to be whipsawed than fall off a cliff
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