Details are mentioned in chart and this is only for Long term..
** I AM NOT SEBI registered advisor please consult financial advisor for your investment.
**This is only for educational purpose you can also share your thoughts on the comments
Xelpmoc in a weekly channel trend consolidating
A Strong Multibagger with strong Future growth fundamentals for Long term investors only with tp of 441-549
best support on 255-258 and 214-222
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Disclaimer: Only for educational and learning purpose.
Xelpmoc has been discussed extensively already, it is one of the few micro cap stocks where I have allocated a significant chunk. The stock went through a big boom phase and has now settled at a place where it can sustain and hold as support. It will be interesting to see how long it can stay here, I am very comfortable if the stock decides to spend some more time...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most...
Xelpmoc has to be held and one needs to sit on it like a golden egg that is ready to hatch and give you a golden hen which can in turn give more golden eggs. It is a buy on every dip or on every new acquisition. THIS CAN BE YOUR MULTIBAGGER
CASE STUDY:
Gave meteoric rise of 400% in 1 year,
Key observations,
1. Range Breakout of almost 1.5 years,
2. No major fall in this share during market crash of 2020,
3. Post-Range breakout, back-to-back wedge pattern breakout around 250 levels
4. Was trading inside Symmetrical Triangle Pattern for 9 months, finally last week gave breakout with 30% upside.
Broad support is at 320. Watch out for closing above 455 for fresh momentum. There is a strong resistance at 475 and may come by July end. This level may be considered for short term target with fresh entry at CMP if 455 is covered.
This has been consolidating for a while and gave a breakout once but failed and came back inside the triangle. I am personally going long in this stock for the levels mentioned.
This is my personal trade and I don't recommend anyone doing the same. Use your own analysis and risk management.
Xelpmoc continues to do well and is respecting the Support Line that has been formed. I am continuously adding whenever I get an opportunity (according to my portfolio strategy).
