FOR LEARNING PURPOSE
ALLIED BLEND (ABDL) - The current price of ABDL is 479.50 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and it's making a new ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable. It's a new stock so no overhead supply.
5. The stock belongs to a sector in which people are interested because of their bad habits and company is doing good.
6. The stock is new and IPO happened one year back. After going sideways for some months, finally it's trying to show some strength. I am expecting more from this in coming weeks
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 417.05 rupees
I will be managing my risk.
ALLIED BLEND (ABDL) - The current price of ABDL is 479.50 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone and it's making a new ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable. It's a new stock so no overhead supply.
5. The stock belongs to a sector in which people are interested because of their bad habits and company is doing good.
6. The stock is new and IPO happened one year back. After going sideways for some months, finally it's trying to show some strength. I am expecting more from this in coming weeks
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 417.05 rupees
I will be managing my risk.
Trade With Bhushan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Trade With Bhushan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.