TradingView
mukeshsingh92
Jan 24, 2021 10:33 AM

NELCO a risky but rewarding trade Long

NELCONSE

Description

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.
Comments
Piyush-Gupta
Good analysis...Early capture of this script
More