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...
Chart -> Revathi Equipments Weekly
After forming rounding bottom, stock has given an all time high breakout with volume confirmation.
CMP: 1126
Target: 1300, 1580
Good to add: 960 to 1060
SL: 860 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial...
REVATHI:- Stock has given breakout after 6 years. keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades...
Stock is a Techno Funda pick with a medium term holding period. The company operates in drilling rigs which are used extensively in mines such as coal, copper, gold, iron, zinc, phosphate, bauxite, lignite, limestone, etc.
India is seeing an increase in mining activity after a deadlock of about 5 years.
A theses in play here is that, a company which servives a...
