jayroy

rounding bottom formation

Long
jayroy Updated   
NSE:MCX   MULTI COMMODITY EX
keep an eye on the stock it may , above 1880 it may run for next journey . vol rising ., enter 25% on breakout above 1880 rest on pullback . sl - 5%
Comment:
5.45 % upmove in a day (intraday itself) , volumes are showing agreesive on spining top candle. so add if pull back comes .
Comment:
12% in three days. book half and rest hold until weakness appear.
Comment:
now weakness is appearing, and stock may take support on pullback on neckline of rounding bottom.
if close strong below neckline . price may trend lower so avoide fresh entry.
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