we can see a triangle forming, direction of the breakout is not confirmed yet, this chart only shows the possible outcome of a bullish breakout. The green box is the demand zone.
SNOWMAN LOGISTICS PREBREAKOUT TRADE RISK 10% REWARD 25% ENTRY 50 TO 54 SL 48 TARGET 70 TIME PERIOD 30 TO 90 DAYS
If breaks Line A >> Buy; Target >> 59 If Breaks Line B >> Sell; Target >> 50
Snowman Logistics has been trapped in a triangle pattern and almost now going to have its breakout, so give an entry with appropriate Stop loss after the breakout Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single...
Snowman Logistics NSE:SNOWMAN CMP - 55 Stop - 40 on DCB Expectation - T1 - 70 T2 - Open, Review at 70 Expected Holding Period - 80 trading days or earlier for T1 Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Can make a temporary high but will go down from there as a continuation of the double top. Only for learning purpose
After everyday Heavy Selling from Adani Logistic ltd. stock still climbing toward 65-70 levels. i just confused who are the guys who are buying the stock after adani Logistic ltd. selling their position after failed acquisition.