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
WANBURY trade ideas
Wanbury Ltd *Wanbury Ltd*
RB Formation on Decadal Basis.
P&F; Formation on Monthly Basis.
Price BreakOut Needed & to be Sustained. Watch out.
Vol. Consolidation gaining Traction.
RSI: 1H >D Y. All in Bullish Zone.
EMAs: Sharpening Gap amongst 20/ 50/ 100 /200 levels.
*Trail SL with Upside*
*Book Profit as per Risk Appetite "
*_Concern_*
Low & Pledged Promoters Stake.
Volatile Financial Performance
Substantial Contingent Liabilities
*_Do Your Own Research as well. This is an Opinion_*
*Happy Investing*😇
Wanbury LTD - best for long termAccording to technical analysis Wanbury LTD is near the trend support and formed the small hammer candle. And it takes the support from dynamic moving average. But the major resistance zone is at 110 to 116. So once the price breaks above 116 in weekly candles the target will be 140. We can buy and hold from now with the stop loss at 71. It is not a call. It's just my prediction.