IRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.
CMP : 120
SL : 116
Target : 138
Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always...
Support points for long position
* Missed posting yesterday. expecting gap up opening.
* Broken its channel pattern with strong bullish candle with very small wick at top and bottom.
* Closed above EMA 100 on day chart.
* No resistance till TGT 1 - 392.5.
* As stock is trying to close the gap the next target would be 398.6 which is EMA 200.
* If closes above...
Syngene International Ltd: Momentum trade. Volumes raising consistently. Price trending above both long and short term MA's. Levels marked on the chart. For better entry make use of VWAP (applies for shorter TF) Please be mindful of your position sizing and risk management for this trade. Happy trading
Disclaimer: This idea has been posted strictly for...
-STOCK CLOSED ABOVE MAJOR HURDLES
-WILL USE YESTERDAY LOW AS A STOP
-WILL ENTER IF THERE IS ANY DIP
MOMENTUM TRADE
BUY@1880-870
STOP@1860
TARGET@1918(MOMENTUM TRADE)
TARGET@1950(POSITIONAL TRADE)
MOMENTUM TRADE IN MINDTREE
MARCH FUT
FALLING DOLLAR
FALSE BREAKOUT
DARK CLOUD COVER
BREAKING SUPPORT ON DAILY
FUT TRADE
SHORT@922
STOP@937
TARGET@900
LOT:600
QTY:1
