GANESH BENZOPLAST
Stock with 70%+ returns last year
Near it's ATH
Pattern observed : Ascending channel on weekly chart (Perfect pattern)
Seems to be a buy above 180 as it breaks the channel on weekly chart
Target : Around 230
Also :
Observed RSI Divergence on 1D chart so can go for short if fails to break the resistance
Target : 145-140
--But Adding small quantities for short will add more if Breakout fails .. or vice-versa !!
Note : Just an idea no personal recommendation to buy or sell with me #Be wise #Ideasshare
Stock with 70%+ returns last year
Near it's ATH
Pattern observed : Ascending channel on weekly chart (Perfect pattern)
Seems to be a buy above 180 as it breaks the channel on weekly chart
Target : Around 230
Also :
Observed RSI Divergence on 1D chart so can go for short if fails to break the resistance
Target : 145-140
--But Adding small quantities for short will add more if Breakout fails .. or vice-versa !!
Note : Just an idea no personal recommendation to buy or sell with me #Be wise #Ideasshare
Trade closed: target reached:
Reversed from the defined point of target so now change to buy