MACD levels are also moving upward steadily since the last few years indicating a good move upward.
If the market condition is stable for the next few weeks, we can see this stock moving up too.
Do not expect the stock to suddenly rally up as there is not much news about the stock in the recent months, so the Price movement could be pretty slow yet steady too.
Take this trade only based on your Risk Appetite and Risk Management.
Trade attivo
Nota
Positive News: GOVT SAYS WILL ACHIEVE THE TARGET OF 20% ETHANOL BLENDING BY NEXT YEARTrade chiuso: obiettivo raggiunto
Trade Completed. Target Achieved.Total 33% Profits booked.
Time Taken = 8 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.
Kudos!!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
