superb Setup in usha martin with multi year bo and flag pattern
Updated
Last time I analyzed this stock but due to bad numbers stock plummeted to 90 levels. The volume in this counter is back and no near time even trigger to out match the technicals.
Multi year bo above 102.65 on friday closing basis and also flag patter on monthly charts (Possibility of success okayish) . SL of 95 should suffice
Multi year bo above 102.65 on friday closing basis and also flag patter on monthly charts (Possibility of success okayish) . SL of 95 should suffice
Trade closed: target reached
Stock moving between 100-111. considering long weekend traders should take 8-10% and exit.For positional traders Sl should be 99.
Fresh entry only above 115
Trade closed manually
re entered above 115 and closed the position again.
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