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Sandeep_Aggarwal
Dec 23, 2023 8:05 AM

SHYAMMETL - Long Setup, Move is ON.. Long

NSE:SHYAMMETL1W
SHYAM METALICS AND ENGY LNSE

Description

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NSE:SHYAMMETL

✅ #SHYAMMETL trading above Resistance of 548
✅ Next Resistance is at 726

Related charts:







Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Trend AnalysisChart PatternsTechnical Indicatorsshyammetalics
Comments
Sandeep_Aggarwal
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Sometimes we do hold and check if stock trades above SL for 1-2 weeks. If it doesn’t show strength and trades below SL line, we exit.
Sandeep_Aggarwal
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If a stock breaches its SL on closing basis, we exit. We do not keep it in system.
Munish_Jain
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do you keep SL in system or sell next day on closing basis if breached?
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