QUESS | Supply and demand trade opportunity - 48% Long

QUESS CORP LTDNSE

Description

⋅ Jun 22, 2021 2:05 PM

QUESS | Supply and demand trade opportunity - 48%

CMP : 823
SL : 750
Target : 1200

1:4+ risk reward setup

Similar to our BIRLACORP, PHILIPCARB, GRAPHITE charts

Comments

Kapil-Mittal

⋅ Jun 23, 2021 12:26 PM

Great pick

jaspreets8

⋅ Jun 28, 2021 7:12 AM

But there is also possibility of downtrend being start as there is a bullish engulfing pattern on 14th june - 21st june candle. What's your opinion?

srikartiram

⋅ Jun 28, 2021 7:18 AM

@jaspreets8, its weekly time frame, my holding time is high. I believe the downside is limited - the stock is in uptrend.

It is just probability - i will exit with stoploss incase if it is not working. I'm just a price action trader - nothing to bet personally.

rakesh4u0538

⋅ Jun 26, 2021 5:57 AM

@srikartiram timeperiod to achieve the target??

srikartiram

⋅ Jun 28, 2021 7:16 AM

@rakesh4u0538, 3-6 months, it is weekly time frame chart.