50 SMA Rising - Positional 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.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Please check the fundamentals of COMPANY as penny stocks are easy to manipulate
MOKSH trade ideas
Moksh Ornaments for Swing/Positional Moksh Ornaments Prediction for Swing/ Posional Trading
You can enter into trade above Entry level (15.6). This level can be retest. There is a resistance 16.45-17 level.
Strong Supports (14.05-14.4,13.5,12.6) are shown in the chart.
Targets- 16.45,17,18.45,19.8,21.35,22.8,24.25,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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Happy trading.
About Moksh Ornaments –
Moksh Ornaments Ltd. engages in the manufacture and wholesale of jewellery. Its products include bangles, chain, and mangalsutra. The company was founded by Amrit Jawanmalji Shah and Jawanmal Moolchand Shah on July 19, 2012 and is headquartered in Mumbai, India.
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