Guys
Chart is explaining every details. Those who follow me regularly can understand easily entry, SL, Target and the logic as well.
Thise who missed the trade can still enter @cmp.
If still you've any questions feel free to ask me.
Thanks!
Stock is rising in an impulsive manner and currently riding in a 5th wave of higher degree. One should buy the stock with stop loss of 500 & look for the target of 550/580.
A probable Inv H&S pattern can be seen on the Daily Chart of Hero Motor Corp
Breakout is still awaited.
One can look to Buy only upon a valid breakout above the Trendline.
CMP : 542.65
Accumulation zone : 485 to 545
Short Term Target : 630
Pattern Target : 917
Time frame : 3 months to 1 Year
SL : 475 DCB
Only for educational purpose. Not a recommendation.
Multibase India Ltd
It is engaged in the business of manufacturing, trading and selling of polypropylene compound
Highest ever weekly volume observed and manages to give weekly closing above 297 levels.
SL : 285 WCB
Only for educational purpose. Not a recommendation.
Bharat Dynamics Ltd
It is engaged in the manufacturing of guided missiles and allied defence equipments.
Finally managed to give ATH Weekly closing. Volumes also increasing.
SL : 425
Only for educational purpose. Not a recommendation.
Aspinwall & Company Ltd
It is engaged in diversified business activities comprising logistics services
Finally manages to give weekly close above 187 levels with increasing volumes
PB Ratio : 0.89
SL : 180 WCB
Only for educational purpose. Not a recommendation.
