Ravikumar Distilleries Ltd.
No trades
Market insights
RKDL, Risky but rewarding setup (Reduce position size)RKDL has beautiful price action zone and based on last few days momentum, it appear that it can break resistance band at 17
As stock is low volume, it should be traded with reduced position sizing. I will trade it with 50-60% of my usual risk here.
All levels (target, entry & sl) mentioned on chart. Kindly trade with caution and dont try to play intraday in such low volume stocks. People with small capital should avoid such risky setup.
Thanks
Piyush Gupta
Learn & Earn
RKDLSimilar to NELCO after the breakout of Cup and Handle, gave strong up move. Buy this with the view that it is able to close above 13.20 and Keep small SL around 12.20
RKDL Ravi kumar dist. wait for flag BOHi guyss,
this is my first idea publishing infront of you.
RKDL is forming pole and flag pattern.
wait for the BO.
buy @12.30- 12.50 price level.
SL @11.40
friends agar thik laga to comment me apna feedback dedo.
Any suggestion over this ?
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