Stock has witnessed the massive volumes in recent time, once stock sustain the 135.50 levels, stock may try to go upto the falling trendline resistance which is near 160
**IT IS A LONGTERM IDEA**
Follow the FIVE rules below:
1)Book whole profit at the target price if you want to Freeup capital.
2)Stick to strict stoploss,exit when hit.
3)Use supertrend indicator or monthly MA(Length is Based on your requirement) as a trailing stoploss(If you want to ride the momentum) and sell whole quantity when it...
got a good breakout after breaking the bullish flag pattern in daily time frame
in long term view i.e in weekly timeframe it form bearish flag, but overall looks like it can touch the swing high
Do let me know your thoughts!!!
Cup & handle Formation in HILTON METAL FORGINF LTD. It Has given breakout and can go above 44 level .A target of 50 can be achieved with in 7-8 trading days in my view. This view is for information purpose only.
