Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
NDTV forming rounding bottom in monthly chart. Can have a swift move towards 125 and then 255. A long term term target is 450-500 which honestly looks tough to achieve but with the market we are in, this is still possible.
Note- This is only analysis and not a trade recommendation.
I am looking to Go long with CMP with stop of 52 Which is almost INR 12.00 as stop its not advised for week hearts since it is monthly chart
For others who want to consider this can consider close above 64 for Desired target
I am looking to Hold this till 90+