Chart -> SPL Industries Daily A resistive trendline is broken today with volume pop-up. CMP: 69.30 Good Range: 65 to 70 Targets: 78, 85 SL: 63.50 Daily 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 advisor before taking any action.
I daily make educational content videos for swing / positional trading
SPLIL Daily having 200 ema support, buy for target till selling zone, i.e. for target of 79 and keep sl below support trendline i.e. 45 Good to buy in 54-57 range. Keep position sizing as per RR.
watch out for the closing above the 74 lines. Target 1 - 86 Volumes are spur is nice. keep a watch and wait for the closing.
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Small-cap counter which is showing bullish momentum and is in the trajectory to cross its ATH! one can take a small position in this! Keep risk management in mind while trading in stock markets. small-cap stocks can either make or break your portfolio! Trade cautiously!