Reason for long
a) Now the market is in euphoric state of long, At, this point for next 6 months mostly penny stock usually outperform for short term gains of 5 to 50%. Howsoever, we will try to target for 5 to 10% in 5 days or square on 6th day, if it is in consolidation zone
b) consolidation breakout
c) volume accumulation
d) Super vwap support
e) TST Range and price went twice to upside and possibility of wave 3
f) SL compulsory
G) purely technical and no fundas in it, Hence percentage of investment in penny stock should be less than 0.2% of total investment. SL compulsory.
a) Now the market is in euphoric state of long, At, this point for next 6 months mostly penny stock usually outperform for short term gains of 5 to 50%. Howsoever, we will try to target for 5 to 10% in 5 days or square on 6th day, if it is in consolidation zone
b) consolidation breakout
c) volume accumulation
d) Super vwap support
e) TST Range and price went twice to upside and possibility of wave 3
f) SL compulsory
G) purely technical and no fundas in it, Hence percentage of investment in penny stock should be less than 0.2% of total investment. SL compulsory.
Trade closed: target reached