Shown above is the 60 minutes chart of Edelweiss. As we can see that in the last trading session, the stock has given a major breakout. Also it has completed a typical A-B-C correction on the down side in the 60 minutes chart. Therefore, I suggest to buy the stock above 62.80 for targets of around 64 and one should maintain a stop loss below 60.70.
FOLLOW US ON EMAIL
JOIN 500+ EMAIL SUBSCRIBERS. ENTER YOU EMAIL ADDRESS IN THE FORM BELOW AND RECIEVE ALL POSTS DIRECTLY IN YOUR INBOX.
Subscribe to:
Post Comments (Atom)
YOU MAY ALSO LIKE
-
EXIT JAIN IRRIGATION....STOP LOSS TRIGGERED..
-
Continue to hold HDIL as BTST call with a closing basis stop loss below 136.....
-
Suven Life bought at 319 profit booked at 330 +3.45% Natco pharma bought at 2650 profit booked at 2698 +1....
-
Bids are closed for the Nifty Bonanza Contest......Results will be declared on Friday(10-04-2015) at 6 pm.
-
BUY HPCL ABOVE 668.2 FOR TARGETS OF 673-675 AND STOP LOSS BELOW 660. ABOVE 675 CAN PERFORM WELL
No comments:
Post a Comment