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srikartiram
Oct 31, 2020 12:12 PM

SUDARSCHEM | Looks good for a swing - 18%  Long

SUDARSHAN CHEMICALNSE

Description

SUDARSCHEM | Looks good for a swing - 18%

CMP : 439
SL : 425
Target : 535

Falling with poor volume
Strong RSI divergence in 30 min's and Hourly time frame. Expecting it it will stablize here and turn bullish from this trendline support

Trade closed: target reached

Comments
neetaljaincs
Dont you think it might breakdown also? Results are really bad
srikartiram
@neetaljaincs, Yes possible, the reason i'm taking this long is because of RSI divergence in 30 min's, and the risk is very less here
srikartiram
@neetaljaincs, Target has been reached now:)
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