So as you see in the chart, there is a strong resistance at the level of 1399,
And stock is following thr trendline now, so if the goes above 1399,
We can buy this trade for target of 1435, if stock break the trendline in a down side.
We will totally ignore this trade.
What's your view comment below in the box.
Entry – CMP 1,330 ( can enter around 1280-1300 levels too to tighten the Stop loss)
Stop loss -1215 Daily close (Tight Stop 1280)
Target 1 – 1730
Target 2- 1950
Duration – 2-3 years
Co has good Fundamentals and is available at beaten down prices
Co is one of the largest tyre manufacturers and is one of the fastest growing tyre companies in India
Co has debt to...
- BO done
- Good Volume since two days
- Good to accumulated till zone line
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...