Volume seems to be decreasing but RSI is increasing. RSI is showing bullish momentum but volume is decreasing. There may be short term fall and it will bounce back again continuing bullish momentum. If you want to enter now, you can get better entry after a small fall.
Took POSITIONAL long trade in maithan alloys
Entry 1270
Tgt 1560
SL 1125
Know your risk. Respect SL and Exit immediately is SL hits as long weekend and if broader market weakens due to bad news then loss will be more.
Good luck
#vr
#alicon
#aliconcastalloy
After a strong breakout of 700-720 area, stock is nearing for another breakout.
Any weekly close above 910 will trigger more upside.!!!
#vr
