buy above 265 in intraday or swing trade.
target for swing 280, 298
keep stoploss 250.
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as...
Stock was trading in a Symmetrical Triangle and had price move today which will likely close with a gap today..
As there are buying volumes with the gap it can be a breakaway if price sustains..
Now the second move should be to close above 260 with volumes and retesting of the support.. Then it can be a BO opportunity to go long for targets of 300, 350+ .....
Fresh buying can seen only when there is a weekly close above 256 levels. one can enter above 256 and placing an SL of 215. And possible targets can be 295/320. Volume expansion is required for a breakout to sustain.
DISCLAIMER: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance....
CUPID is a small cap with amazing fundamentals (20% YOY growth, 20% ROIC).. It is a hidden gem with multi-bagger potential (a small cap doesn't need much capital for 2-3X)
Looking at current situation I would say there is a higher chance that the stock may move down to 200-205 levels.. consolidates for a bit and then moves up..
But there is also a chance for a...
Target @ 297
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits...