RSI CROSSED SMA AND MIDLINE. 14 days rsi has crossed the integrated SMA of 14-2. It has also crossed midline 50 of RSI span and heading towards upper limit of RSI.
ARTSONEN trade ideas
LONG TERM IDEA OF THE MONTH // Sunday April 4th 2021 // ARTSON LONG TERM IDEA OF THE MONTH // Sunday April 4th 2021 // BSE:ARTSONEN
// This is a Long Term Investment Idea and not a swing trade call nor an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few weeks. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 40.4
TARGET: 60+ (50% Around)
STOP LOSS: 28 (30% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on 50% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration:1-2 Years suggested time frame is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Artson Engineering LtdBreakout Pending, I wish it should complete round bottom
but seems turn around story
Artson Engineering Limited (AEL) is a majority owned subsidiary of TATA Projects Limited (TPL)
BUY above 85 (85-86)
Target 1 95
Target 2 105
Target 3 115
Target 4 125
SL below 79 closing basis
