Trendfollower
Now thats a BUY call with a 1:2 risk reward ratioEQUITAS HOLDINGS BUY@52.75 TARGET@62 and SL@47
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-MOHIT RAJANI
This is not a BUY call but a GREAT learningLook at 10th August candle of DIVISLAB with a high wick on top with a high volume bar.
What it signifies..?? Any guess?
It shows buyers were in force and took a very high jump from 2784 to 3063 and they also were successful to take the price upto 3293. But then suddenly Sellers came in force and prices dropped to 3117. This simply signifies that big players with smart money were bearish on the stock and they booked their profit on high bought quantities, which resulted in price drop.
BEWARE friends the breakout was with a very weak candle on high volumes, which will result in gap to be filled in a very short span of time AND the stock will retest it support at 2500-2600 range.
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-MOHIT RAJANI
Century Ply - Also cracks 235 - 150 (Target Done)- Get a bat11:09 Hrs 8th Oct 2018
Last Price@165
150 was awesome level last week - what a fall from 235 to 150 - Can it used to get a bat
20th Aug 2018 Idea - Century Ply Above 275 - can fly else will feel shy
First Idea - Holding 224 double bottom -pushing upside for 250-260 as suggested - makes high 238 & later going below 224 - crack visible be careful
10th Sep 2018 - Ply gets the crack