Good positional traders always look to trade the range..... Now there are two different chart patterns on different time frames 1)WEEKLY Chart shows the stock is in almost a flag formation with a pennant shape I rule it as a pennant price is reaching its upper end and the stock has gained momentum shown by "MACD" It is important that in the expiry week the stock ends above 488 so that the stock can break above the pennant Big boost is that the stock managed to close above 853 a stop below this level will be very useful 2)DAILY Chart shows that the price is beginning to trade in a channel "MACD" is about to show positive crossover Mild support around 870 TRADE VIEW: POSITIONAL TRADE BUY @ 860-870 STOP @ 850 TARGET @ 890/910 !!HAPPY TRADING!! !!PLEASE LEAVE A LIKE COMMENT BELOW!! !!WATCH out for BTST/STBT IDEAS @ 3;20!! !!EVERYDAY!!
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STOCK IS IN STRONG TREND HOLD ON
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trading in the direction of 888 close above that will lead to strong gains
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HOLD ON THE STOCK IF CLOSES ABOVE 890 GOOD RETUNRS ARE EXPECTED INDIABULLS BTST @ 1178 TGT 1190 TGT REACHED BHARAT FINANCIAL BTST 987 TGT 1000 REACHED JK LAKSHMI CEMENTS BTST @407.50 TGT 416 REACHED HDFC BANK (22 NOV) @1810 TGT 1865 REACHED !!HAPPY TRADING!! !!PLEASE LEAVE A LIKE COMMENT BELOW!! !!WATCH out for BTST/STBT IDEAS @ 3;20!! !!EVERYDAY!!
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!!HAPPY TRADING!! !!PLEASE LEAVE A LIKE COMMENT BELOW!! !!WATCH out for BTST/STBT IDEAS @ 3:20!! !!EVERYDAY!!
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