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Trend Line Break

KIRLOSKAR OIL Trendline Break1. 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 a mild pullback NSE:KIRLOSENG is trying to resume its uptrend, one can buy the share with a stop at ₹386.50 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:KIRLOSENGLong
by akashbothra
Keep a close eye on NATIONAL ALUMINUM.Keep a close track of NATIONALUM because it's close to breaking out. For the past year, the stock has been moving within a supply demand range, forming a rectangle pattern. By Looking at chart, you can see that it has repeatedly reached resistance and then returned to its support level. Today, it has once again reached that resistance level, and it seems likely that it might break the pattern. If it does, we would need to see a relatively large candle followed by Good increased in volume for confirmation. Trade can only initiated when it sustain above the line at 89, We can partially book our profits at 93.35 as first target. We can even go longer after reaching 1st target. Stop Loss at 85. Do prepare your own setup, this was only for Educational purpose.
NSE:NATIONALUM
by BullishLine