Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. After Entry, Exit With in 5 Days, whether Target / Stop loss Hit or Not.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
Note: Entry above High Only as shown on Chart as it is the confirmation of Trend Continuation
ELGIRUBCO trade ideas
ELGIRUBBER Bullish Momentum1) Monthly at the verge of moving into uptrend.
2) Weekly has broken out of the 2 year old major consolidation phase after an uptrend. This has happened in May and then still consolidated for 3 months, and the last week has broken out of all the major consolidation zones.
Due the longer consolidation period, the breakout would be strong enough.
Has the potential to reach ATH of 70 levels. Good entry zones available with small SL to ride till 60 and 70. Do check out and comment. Happy trading!
The demand levels marked can be used for entry and the supply levels for target.
Long Order / Uptrend Idea #1sBuy Entry: @27
Target: 43
Stoploss: 22
DISCLAIMER: THIS IS ONLY FOR SPECULATION AND NOT AN INVESTMENT ADVICE OR ANY RECOMMDATION. KINDLY TAKE OWN DECISIONS FOR TAKING RISK IN FINANCIAL MARKETS AND TRADE AT YOUR SOLE DISCRETION.
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