Sale it and book profit
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Pinned by nitindeepak
• Jan 5 7:13 PM
2
• Jan 6 1:53 AM
If you want to hold then you have to wait for long for a breakeven.
It is nearer to monthly Ema 20. If it takes support and reverse then it will move to 122 in the short term.
On 45550 there is a strong resistance I suppose. If it crosses then only a good buy. If not then it will make head and shoulder.
Already on high. Still a good buy. Taking corrections in the daily chart. On 20 EMA above 2100 is good buy if it crosses 2200 after reversal. I suppose.
On daily and weekly charts we can notice the strong reversal from the downtrend. If it crosses the 820 resistance then you can expect 1st Target to 950 and 2nd Target to 1050. Wait for RSI > 60 in monthly and weekly charts.
Still RSI is in correction mode. Whenever RSI goes above 60 on a weekly chart, it will be of great buy and the target mentioned above can be achieved in the short term.
In fact if you are planning for 10-15 years then all stocks are good enough.
Proper SL is the key.
If you want to trade in daily charts use stop loss as per weekly charts. If SL hits find another stock to trade having good RSI. Positional and swing trading is the very good way to sustain and earn profit in the stock market.
• Jan 5 7:13 PM
2