Stock Analysis
Trading Strategy
This setup looks promising for a sustained price rally. Trade smart and hold as needed!
- CIEINDIA was consolidating for a long period and has just given a breakout with a spike in volume.
- A strong base has formed at the 460 level, which is unlikely to break.
Trading Strategy
- Short and Long Duration: Suitable for both short-term and long-term trades.
- Target and Stop Loss: Short-term stop loss and target levels are plotted on the chart.
- Price Rally: Suggest holding the stock as long as possible with a trailing stop loss.
- Potential Upside: The stock may reach levels between 900 and 1200.
This setup looks promising for a sustained price rally. Trade smart and hold as needed!
Sujit Kumar Bala
We Learn Investing
We Learn Investing
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Sujit Kumar Bala
We Learn Investing
We Learn Investing
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.