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raavigeorgian
Jul 19, 2021 6:58 PM

Rossell India - 5.5yr Breakout with volume Long

ROSSELL INDIA LTDNSE

Description

SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)

BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.

SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.

Note: I reserve the right to be wrong.

DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Comments
tbgokani
Great Pick. Plus whatever you written like buy after 3-15. Hats of for that. Great experienced Trader. I felt that today. Hope i was knowing this before, But no worries. Thanks
raavigeorgian
@tbgokani, Thanks. this kind of appreciation gets me going.
tbgokani
@raavigeorgian, please check in daily candle it shows simillar like revrse head and shoulder patter or cup and handle on slop. Please can you tell me Thanks
raavigeorgian
@tbgokani, yes, you could call it an inverted H&S or C&H on an ascending slope, though it looks more like an ascending parallel channel.
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