Man Infra:
Completed all Breakout gains post Falling wedge pattern break. Time to look for accumulating it on good levels:
Stock looks to take a throwback to 103 levels for now. A break below this give opportunity for accumulating this for an Infra based theme portfolio.
103
94.9
88.5
Bharti Airtel has been consolidating for the past 1 year in the price range of 780 - 630.
This is the time to accumulate this stock and pyramid your position only when the stock given a weekly breakout above 780.
A weekly closing below 630 - 590 range will be our signal to exit the stock.
Hi All,
Pyramid a winning trade is a very good idea to buy a stock that you already hold, than buying any new stock.
The market gives a lot of oppurtunities to enter in such a scenario.
I have marked all the important price points which are pullbacks on daily charts which can be bought by all the traders.
Ideally one should keep SL below the horizontal support...
M&MFIN | Flag pattern for 18%
CMP : 208 (Dip 198-200)
SL : 190
Target : 245,270
We already holding big trade in weekly time frame, its another opportunity for us to average or pyramid :)
