Shown above is the daily chart of
Arrow coated(BSE:516064). It is clearly visible on charts that the stock has broken out of a resistance trendline. The volumes were quite high in the last trading session. The stock is forming higher tops and higher bottoms on 60 mins chart. Looking at the over all chart structure we suggest you to buy the stock above 430 for targets of around 440-445. Maintain a strict stoploss below 415 levels.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
-
Shown above is the 60 minutes chart of suzlon. As we can see that the stock has given a range breakout on higher volumes and is sustaini...
-
Hello readers, I hope you have started incorporating the concepts explained in previous articles in your trading values. Lets continue fur...
-
Have you wondered why only a handful say 5 in 100 or 10 in 100 people are able to earn in the stock market? All the others fail. A major r...
-
In the race to trading the markets we come across 3 types of idiots. Read it and try to avoid these laggards. Idiot 1: The True Be...
-
THE LEVELS MENTIONED BELOW ARE SPOT LEVELS. Shown above is the 60 minutes chart of Apollo Tyre. As we can see the stock has given mu...
No comments:
Post a Comment