Gate analysis (30 Min)
If price sustain above 2525 with good volume
Multi TF ( As per gate analysis)
1. On 5min & 15min it was proper time correction
2. On 30min forming gate (wait for 2525 B.O)
3. On 1hr it was 50 ema retest
4. On Daily Tf it was 20 ema retest.
Satisfy all condition
Note: Also IT Sector have some good space in this...
1)Enter on breakout with SMALL Quantity
2) If sustain above breakout level then only add up quantity.
3) If stock price increases, Trail SL.
4) If breakout fails, then we need to take the loss which not exceed 2% of our capital.
5) Preferably stop loss should be at 1737.
Mid-term Investment Position: 17-08-2023
We are adding some quantities of this stock at the current level .
We are planning to invest in this stock with 8-10% capital. We are expecting 7-8% or more return in this stock.
Technical Reason: The Stock is trading above 50 & 200 EMA and has recently broken its crucial Resistance Zone in Daily TF. Also the...
The Stock has recently broken its 300 level's crucial Resistance Zone in Weekly TF.
As per Daily TF, the Stock is continuing its up-trend momentum by maintaining a Higher Higher formation and also it is trading above 50 & 200 EMA.
The Fundamentals of the company is also satisfactory. We have observed a slow & steady profit growth in this Company