Stocks to Watchout
Reasons:
1. Near Breakout and strong resistance zone
2. RSI Divergence
3. Good Relative Strength
Investing Term: Medium Term
Entry: ~457
SL: ~401 (-12%)
Target: ~570 (+24%)
Reward to Risk - 2:1
Important to note:
1. Wait for confirmed breakout.
2. Accumulate desired quantities of the stock in a phased manner
3. Calculate the Risk before finalizing the quantity (Total Amt at Risk/ Difference b/w Entry and SL)
Disclaimer: Purely for Educational and Informational Purposes.
