Long
long term investment pick
mothersumi : cmp 211
trade setup :
1. buy up to 206 from cmp 211
2. keep stop loss as 180 on closing basis
3. targets : 239 / 270 / 350 / 450 /500+
4. positional equity buy for long term
technical setup:
1. cup and handle
2. trend line support buy
3. stock value buy
note :
buy based completely on long term basis and multiple breakout concepts .
catching stock based on typical handle support zone & trend line support for better returns with minimal stop loss.
handle breakout near 238 to 242 zone & cup breakouts near 270 to 272 .
short term & medium term targets are based on measured handle and long term targets based on measured cup distance .
trade setup :
1. buy up to 206 from cmp 211
2. keep stop loss as 180 on closing basis
3. targets : 239 / 270 / 350 / 450 /500+
4. positional equity buy for long term
technical setup:
1. cup and handle
2. trend line support buy
3. stock value buy
note :
buy based completely on long term basis and multiple breakout concepts .
catching stock based on typical handle support zone & trend line support for better returns with minimal stop loss.
handle breakout near 238 to 242 zone & cup breakouts near 270 to 272 .
short term & medium term targets are based on measured handle and long term targets based on measured cup distance .
Note
237+ highNote
245+ highNote
250+ HIGH
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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.
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.