sell snowman (self education)Tenkan over Kinjun
Chikou suggesting down trend
Kumo first resistance hit
expect price to hit 46.13
please guide if wrong
SNOWMAN trade ideas
snowmanStock has already given a breakout.
target 70/80/90 and more
sl close below 53.
small sl on close below 57
Trader's Queries - Snowman & VRLI have seen many people investing when the price of a script is falling rapidly. With the thought that script is available at less price. Please dont do such guessing and enter in to investment. Dont simply invest when some one says buy. If you are sick, will you see the tv and take the medicine since some one says so? When we are giving importance to something we will do our own research and do the rightful thing. I can not answer for the questions like "I have bought this script for this price. Price is falling. What to do?" Because trading/investment is your independent decision. I can give technical information. But the decision is yours. I have analysed Snowman and VRL logistics in the same idea.
Note : I give preference to the trader's who encourage me by commenting and clicking like in my ideas.
Double bottom setupstock has very sharp move upside.so we can increase Position size with minimal SL of 54.
Or reduced Position size with SL 45. choice is yours.
SNOWMAN LOGISTICS @ CRITICAL ZONEI am excited to watch snowman has again reached its favorite zone. Follow this post to capitalise further movement .
IF Breakdown occur take LONG @ 55-50 RANGE
IF Trend Reversal occur TARGET @ 68-71 RANGE
CRITICAL SUPPORT 1 : 60
SUPPORT 2 : 50
