The video is self-explanatory. Add this stock to your watchlist. Aim for 5-8% if it breaks the trend line as it can be easily achievable in 1-3 days. My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2. The reason for booking profit of only 4-8% is because the market direction is not sure at this point. So better to...
wait for any side breakout and retracement It will give good move in any of the direction And trade with volume confirmation to avoid false breakout
Stock has broken the monthly down trendline. Buy at 281.20 for a target of 330
GEPIL broke out of the triangle pattern many days ago...if it manages to remain ABOVE 200 EMA ( blue arrow) it is still a good buy..S&R levels marked by horizontal blue lines...they are also the targets...the risk in this trade is high because it broke out many days ago, so please consider it before trading...but as i mentioned if it remains above 200 EMA it is...
WE CAN SEE GOOD UP MOVE IF BREAKS 300 LEVEL
GE 2.50% Power India Ltd_GEPIL_Daily_Long_12.11.2017 Quality - Good Valuation - Very Attractive Financial Trend - Positive Delivery Percentage - Good Entry - 663.70 Target - 697.27 Stop Loss - 641. 44