are you sure that it will form the rounding bottom what if it doesnt work that way !!! no stop loss where to book loss
Shadab_07
⋅
@anandansh, See the pattern is nearing its completion and will reach the first target 220 - 225. Its a long position. there may be consolidation, minor pullbacks.My long term upmove is based on increase in volume and support of EMA. regarding stoploss that's for the individual to decide as per his risk taking ability.
BikashAgarwal
⋅
@Shadab_07, hii, so we can expect 220 pretty sooner than later... Say 7-10 days
Shadab_07
⋅
@BikashAgarwal, See the timeframe is of one week. But as far as current indicators point out we would reach the level. Only it would take much longer time.