Nippon India on daily chart price breakout from a parallel channel and trading above with did a breakout of 20, 50, and 100 day EMA and now taking a resistance on it's 200 EMA so we have to wait for a crossover of 200 EMA for confirmation of this breakout for going long in this stock with taking a stop loss of 240 resistance below on daily chart for the targets of 264, 283, 303.
NOTE- Only for Education Purpose.
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NOTE- Only for Education Purpose.
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Comment:
CLOSED ABOVE 200 EMA WHICH IT FACED RESISTANCE
Comment:
PRICE GO BELOW 200 EMA, RETESTED BREAKOUT AND NOW AGAIN TRADING ABOVE 200 EMA PICKING UP SOME MOMEMNTUM AGAIN
Comment:
BLAST SUPER MOVE
Trade closed: target reached:
TARGET ONE OF 264 AND TARGET TWO OF 283 DONE TODAY TARGET 3 MISSED BY 3 POINTS TODAY REACHED 300 LEVELS FROM 250 GAINING 20%.
Trade closed: target reached:
ALL TARGETS DONE FOR THIS IDEA, STOCK IS LOOKING POISED TO MORE UP FROM HERE, WILL PUBLISH A NEW IDEA FOR IT. SO THIS IS LAST AND FINAL UPDATE FOR THIS IDEA.
