MGL, if closes above its daily average of 1178, then I would enter it for target of 1258. Target can be for 20 trading sessions approx.
PS: Do not forget to follow SL as per chart.
> As we can see in the chart, the Channel pattern has been Broken down with a very good volume,
the Ascending Trend Line(TL) support was very strong as we can see Price took support from that
same TL 5 times in the past.
> After breaking the TL we can see the weakness in the candles, we can see huge rejection from the sellers.
> This is the right time to enter...
VGUARD patterns look interesting,
We have to wait patiently for the Break Out which is 251.50 level,
Once it gives a BO it can give an amazing move upside.
> Patience is the key.
> Stock market is 10% Buying 10% selling and 80% waiting which is what successful trader/investors do.
please watch the daily chart of Bharti infratel. Clear breakout has been seen on the charts . This can be taken for long entry. Stock level is going to shift in uptrend. on daily charts its moving above 50 EMA. The next level for stock is 240 . Always do trading as per your Reward to Risk ratio only means Never risk more than you can afford to lose on a single...