breakout of resistance ,clearly golong position
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Long ABOVE 17.45 FOR TGTS OF 18.45-19.45-20-22-24 SL BELOW 16. JUST A VIEW BETTER SEEK PROFESSIONAL ADVICE.
TRADE IDEA FOR INTRADAY CENTRUM ENTRY LONG 13.55 STOP LOSS 13.35( 0.2 PIPS) TARGET 13.95 (0.4 PIPS)
Stock has broken out of a nice channel with decent volumes. Strong accumulation was seen around 50 levels and first signs of break out after recent run. Looking for targets of 90 and then 95
Longs can be initiated at CMP . TGT 60, SL 48. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome
Rectangle makes the chart more interesting. Centrum capitol's price is consolidating inside the rectangle for few weeks. We can accumulate this stock above 45 with the stoploss of 42. Targets are 55, 60 and 65. Consult your financial manager before investing.