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AvinashGaikwad
Jan 18, 2017 11:20 AM

momo setup Long

PANACEA BIOTEC LTDNSE

Description

very good and long bottom consolidation.

Ready to breakout buy above 152

Sl 120

Target 200, 320

Comment

Sl 135

Trade closed: stop reached

Comment

sl just hit. made low 127...practising keeping good SL to ride the move....

Comment

lost 17%

Comment

HITTING TARGET AFTER SL HIT.
Comments
praveen.bhatiya
Dear Avinash Ji, May I request to explain the Momo Setup please, never heard of it. Thanks in advance!
AvinashGaikwad
@Praveen.bhatiya, Momo stand for momentum. the setup is very simple. find the stocks which trending in a direction from last 5 to 10 days with good % change .... in simple language find the speedy stock and if it work well then it will give parabolic moves... which is momentum moves.... it remains in momo next 2 to 7 days....
praveen.bhatiya
@AvinashGaikwad, Thanks a ton sir for your prompt reply.
AvinashGaikwad
@Praveen.bhatiya, well come boss... and just call me just Avinash...praveenji
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