This is follow-up on Nifty Infra. Can check link to related ideas.
Target 1 achieved. Gain of more than 40%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
GREAT LONG OPPORTUNITY VISIBLE IN NCC
CHANNEL BREAKOUT VISIBLE
ENTER @ CMP, 85-90 RANGE
TARGET 1: 100
TARGET 2: 120
TARGET 3: 140
STOP LOSS: 83
1. FOCUS ON NIFTY INFRA AND NIFTY PSU TO GET MORE CLARITY.
2. NCC OVERALL UP-TREND INTACT
3. GREAT FUNDAMENTALS
4. HOLDING STRUCTURE FINE ENOUGH
Bullish cypher with bullish divergence, a sweet spot for a blast..
Also the D point is cushioned in ichimoku kumo clouds and presently at pivot..
The uptrend's resistance is expected to be at the outerline of the pitchfork and 0.618CD of the cypher pattern, which coincides..
But i expect there will be a bit of correction i the lines of 10 to 15 percent after...