kirloskar Pneumatic Chart Analysis
Stock at All Time High
Always By Near Support As per Chart
Book Profit Near Resistance As per Chart
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Kirloskar pneumatic continues to surprise on the upside with strong momentum. Buy with a stop loss 550 for longer term. Short term Stop loss is also marked but is not recommended. Beautiful Setup.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
