Soham-18

Prince Pipes - Breakout after a strong consolidation

Pembelian
Soham-18 Diupdate   
NSE:PRINCEPIPE   PRINCE PIPES FITTINGS LTD
- Breakout candle on 9 Apr with higher volumes followed by a volatile consolidation
- Another bullish candle on 30 Apr with volumes
- 510 can be a nice entry however the price structure indicates uptrend
- Buying at 530 levels is quite risky, it is better to wait for another breakout candle above 550
  • - Price trending with shallow retracements
Komentar:
No need to chase, wait for the stock to come to the levels or else leave
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