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NandanChaturvediTrade

2 Years breakout on weekly charts with Volume

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NSE:DOLAT   None
Trend Analysis Chart Patterns higherhigh higherlow breakout multiyearbreakout
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trendanalysis chartpattern higherhigh higherlow breakout multiyearbreakout
A huge volume breakout can be easily seen on this beautiful chart at a level of Rs80. This happens after a great long rally the stock has shown from the last year with a series of higher highs and higher lows.
This can be bought at a retracement of around Rs 80-85. From here, I think a rally of 30 points is possible and the second target of 50 points is also expectable.
This is a good long bet with a stop loss below 75.


Dagangan aktif:
Keep in the trade with stop loss around 115. This can be a multibagger
Penafian

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