HI Guys, Buying TNB at CMP due to several reasons :
1) MACD LOOKS REALLY GOOD AT 1DAY TIMEFRAME
2) STOCHS ARE POINTING UPWARDS
3) WE HAD 20 DAYS OF DOWNWARD AND ACCUMULATION TREND SO BREAKING OF WEDGE COULD RESULT IN A HUGE MOVE TOWARDS UPSIDE
DO USE S/L IN THIS TRADE OF 5-10% BASED ON YOUR DCA ETC.
1) MACD LOOKS REALLY GOOD AT 1DAY TIMEFRAME
2) STOCHS ARE POINTING UPWARDS
3) WE HAD 20 DAYS OF DOWNWARD AND ACCUMULATION TREND SO BREAKING OF WEDGE COULD RESULT IN A HUGE MOVE TOWARDS UPSIDE
DO USE S/L IN THIS TRADE OF 5-10% BASED ON YOUR DCA ETC.