RoC_Momentum

Deepak Nitrate - will take a resistance at 2150

Long
RoC_Momentum Updated   
NSE:DEEPAKNTR   DEEPAK NITRITE
Deepak Nitrate will take resistance at 2150 and 2150 will act as Breakout level.
Holding position from 1800 and thinking to book profit 2150 and re-entre once breakout is confirmed
Comment:
Continued uptrend . key level to watch 2150
Comment:
Approaching breakout level. plan is to book profit close to breakout level and re-entre once stock closes above breakout level
Comment:
Happy to see breakout level act as resistance.. that proves, when it breaks it will be good breakout
Comment:
Momentum resistance acted very well. lets wait for breakout
Comment:
Deepak Nitrate is forming handle formation.
it took resistance at breakout level. once it takes it off, we can see a good rally.
Comment:
perfect set-up. stock taking resistance at breakout level
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