PAKKA
1) Time Frame - Weekly.
2) Stock has given a breakout with huge volume & strong bullish candle close in weekly.
3) The next target would be around the price (460 - 19%) from the current price 385.45.
4) Recommendation - Strong Buy
Analysis for educational purposes only. I am not a registered analyst.
A Higher High Higher Low structure on price action is considered as an uptrend.
- In the daily chart, we see a breakout of previous Higher High.
- Wait for Higher High retest and enter somewhere close to it.
- Cannot expect a stock to test the exact same value.
- Set SL as previous HL or in...
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10-15% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either...
Price has broken the resistance 110 - 116 with volume and sustaining. Its buy on dips above 120 with the stop loss of 112 for the targets 134, 148 and 162.
Note : Note : Consult your financial advisor before investing.
