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Sunflagironsteel

Sunflag Breaking Out Trendline NSE:SUNFLAG broke out today, Closed above Major Levels, and Crossed the Trendline with heavy volumes, with MACD showing a buy signal. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:SUNFLAGLong
by Karanshah137
Sunflag Moving Up1. 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 initial Stop Loss hit or RSI close below 40 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 volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one-day price drop After rising from ₹86 to ₹248 during Nov'22-Aug'23, NSE:SUNFLAG started giving up its gains. On 15th Nov it broke the downtrend line and after taking support on the same line it bounced back on 21st Nov. It is a buy with a stop around ₹185. Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:SUNFLAGLong
by akashbothra
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