Bajaj Hind Sugar is ready to move out of 1 month old consolidation zone.
One may consider to enter at 25 and exit at 28.30 for a quick swing.
The stock is also ready to move out of 37 zone, supply zone sooner or later, if 37 zone is taken off in monthly, one can look for a good long term target of 100.
The 37 rs zone is a strong 12 year old consolidation supply zone, the RSI also indicates a strong up swing.
One may consider to enter at 25 and exit at 28.30 for a quick swing.
The stock is also ready to move out of 37 zone, supply zone sooner or later, if 37 zone is taken off in monthly, one can look for a good long term target of 100.
The 37 rs zone is a strong 12 year old consolidation supply zone, the RSI also indicates a strong up swing.
Trade active
Note
10% Plus ROI done, 28.15 high reached as on yesterday. Trailing ongoing.Trade closed manually
Trade exited at 34. Awaiting re-entry at 29 for the next swing.Trade active
Entered for the next swing at 28.15. Expecting target at 32.30-33.40.Trade closed manually
At 28.15, as the stock is in consolidation.Note
Ready for the next leg of move till 56-57 Rs. 25% upmove .Trade active
Trade closed: stop reached
SL hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.