ALEMBIC LTDLong
Rectangle Formation Here.
To buy this to hold more than 2 weeks you need to wait for the uptrend and cross the rectangular border. If there is a chance looking for a buy tomorrow (29/7/21), then let the candle be green after 3:20pm. Then you can buy.
Summary:
Buy: if candle is green after 3:20pm, go for it at a good price.
Target 1: Just below the top border of rectangle formed.
Target 2: If you would like to hold when the candle reaches top border, trail the stoploss to just below the candle of a day before the hit to top border.
Stoploss: Just below the low border of rectangle.
Summary:
Buy: if candle is green after 3:20pm, go for it at a good price.
Target 1: Just below the top border of rectangle formed.
Target 2: If you would like to hold when the candle reaches top border, trail the stoploss to just below the candle of a day before the hit to top border.
Stoploss: Just below the low border of rectangle.
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