GaneshWadhwa

Trident up-move incoming (1:6 RR)

Long
GaneshWadhwa Aggiornato   
NSE:TRIDENT   TRIDENT LTD
Trident has given a clean breakout of an important resistance with extremely strong volume support. Plus the sector as a whole has seen price increase in recent time which gives this trade more confirmation. One can accumulate the stock around 44 - 46 levels with a stop of 42. Targets can be good if help for medium term. One can expect retest of previous lifetime highs.
Commento:
Accumulate on this fall
Commento:
Add more. Falling on low volume
Commento:
Keep holding. Long wick candle on hourly timeframe right at 50 dma support. The volume has been substantially low on the recent fall. This usually signals an upmove
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.