Momentumstrategy
Minda industry forming a double bottom Almost 42% correction in this stocks , forming a double bottom at 266 with a clear divergence in rsi amd Macd .
Wait for breakout to happen above 390 and 455 on weekly basis to add new positions.
This is stock to watch as stock is still above 200WEma
MOMENTUM TRADE IN UJJIVAN FUT APRIL (FUT)MOMENTUM TRADE IN UJJIVAN FUT
APRIL FUT
BUY@324
STOP@314
TARGET@334 ST
TARGET@344 LT
LOT:1600
QTY:3
NEGATIVE DIVERGENCE SEEN
TRADE WITH STRICT STOP
GOLDEN CROSSOVER SEEN (50-DMA C/O 200-DMA)