Stop loss: below 70 (please define yourself)
Target range: 71.50 to 72.50
this a theoretical trade for educational purposes only and not an actual trade recommendation.
Buy Nifty @ current price
Target 11900
Stop loss: 11550
Risk Reward 1: 1.77 (average)
This is a theoretical trade, not a investment or trading advice. ONLY FOR EDUCATION PURPOSES
Auto Industry, depicting robust fractals (part 1)
Not long ago, auto industry and its ancillary companies were hitting all-time highs. But lately the mood has been somber. Motherson Sumi is down 40% from its 13 month high (or rather all time highs), whereas Maruti is down more than 25%. So is it the right time to buy?
What caused such change in fortunes? Can...
