Watchout for Resistance breakout Long

NSE:USHAMART1D

USHA MARTINNSE

Description

⋅ Sep 18, 2021 11:43 AM

The stock looks good above 72 level for first target of 75.

Trade closed: target reached

⋅ Sep 20, 2021 4:40 AM

Target reached in on hour :)

Chart Patterns

Comments

rahulsharmasjr

⋅ Sep 20, 2021 5:24 AM

What next???

rahulsharmasjr

⋅ Sep 20, 2021 5:24 AM

Yes ma'am u r right
And ur analysis is great

tanya151181

⋅ Sep 20, 2021 5:57 AM

@rahulsharmasjr, thanks... can move more above 76. Better to book profits partially

Piyush-Gupta

⋅ Sep 19, 2021 1:46 PM

Forming a good darvas box. Definately a must on watch. Great share

tanya151181

⋅ Sep 19, 2021 1:51 PM

@Piyush-Gupta, Thanks sir :)

manjunathreddyj

⋅ Sep 19, 2021 11:37 AM

thanks for the chart, i do see the RSI at 58.9 which also additional data point. however i don't see good volumes enough - any comments on that

tanya151181

⋅ Sep 19, 2021 12:16 PM

@manjunathreddyj, if volumes don't come then breakout won't sustain. That's why I always suggest to take positional trades on day closing basis. Intraday one should book partially 1 percent and trail rest

rahulsharmasjr

⋅ Sep 19, 2021 3:41 AM

Dekhte hai