Caution

15 בינו׳ 2021

LT price structure is very very bullish. Stock is rising with 35% trend angle and within the inner trend channel of the pitch fork. However 1383 is a major neckline for the stock in the weekly scale. Those who have enjoyed this ultimate rally, can think of partial profit booking or hedge. As long as its trading above 1338 no problem for bulls. Below which it may see some profit booking. Good to hedge and hold

18 בינו׳ 2021

הערה

Disclaimer: Objective of posts is to educate and help members learn technical analysis, from my personal trade picks. All these stock ideas or trade updates are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis the posted trade ideas. These stock ideas or views are momentum picks chosen using technical analysis and indicators and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).

4 בפבר׳ 2021

הערה

1338 level is still respected and stock is up. Those who would have hedged and held, would have been rewarded by 260 more points.