Stock has come up with its first leg as an impulse. After that stock has gone into a considerable corrective price action. The current structure suggests that stock is ready to move up for another impulsive leg.
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
TRADING STRATEGY:
STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
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@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
INSTAGRAM-
www.instagram.com/mansh_25
TWITTER-
twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA