mukeshsingh92

NELCO a risky but rewarding trade

Long
mukeshsingh92 Updated   
NSE:NELCO   NELCO
There' some kind of rouding bottom formation happened and a breakout it confirmed. The next hurdle is 247, if that is crossed then 2 years trend will reversed.
Volume buildup in last 3 weeks suggesting it can touch those lvls.
Put SL below 190-192.
Trade active:
Keep trailing the SL :- 220 Ready for the move till 285.
Trade active:
Keep holding Tight. Might try to Add more @ 214, 212 in case you have bought @ top.
Trade active:
after a deep correction is has again shown strength and now showing signs for a big big move....... wait patiently.

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