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CT143
Apr 8, 2021 7:56 AM

NMDC | Breakout Long

NMDC LTDNSE

Description

Positional - Long Term Trade

POSITIONAL = Entry :- 140-145 | Stop Loss :- 130-120 (Or According To Your Set Of Rules | Target :- Let It Show Weakness, Till Then Ride It.

-- Look For Healthy Volumes . Or Get Ready To Exit The Trade.

(Risk Must Be Managed.) :- Intraday & Swing = < 2% / Positional = < 5% (Good Risk Per Trade).

Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market.

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-------------Any Suggestions--------------

Comment

I Am Seeing Bearish Divergence In Daily & Weekly

So Keep Your Eye On That

Divergence Only Confirmed If Stock Started Falling Heavily, & RSI Divergence Indicator Confirms It, Right Now It Isn't Confirmed,
That Means Stock Has To Move Up Sharply To Avoid Bearish Divergence Formation.

Trade active

Activated Today.
Comments
vivekthanki55
Excellent analysis
CT143
@vivekthanki55, Thank You..
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