Panic Buying in IPCALAB
Conditions Meeting:
1) Strong Stock
2) 50% Retracement from All time high.
3) Panic Buying after huge gap down opening.
4) Currently Pharma and Medical Sectors are booming.
Entry price range = 700 to 720
Stoploss Planning = Max Stoploss at 687
Profit Planning
1) Target 1 = Book 50% Qty at 1000 Price Level
2) Target 2 = Book 25% Qty at 1250 Price Level
3) Target 3 = Exit Completely when Sector starts reversing or the stock starts Reversing
1) Strong Stock
2) 50% Retracement from All time high.
3) Panic Buying after huge gap down opening.
4) Currently Pharma and Medical Sectors are booming.
Entry price range = 700 to 720
Stoploss Planning = Max Stoploss at 687
Profit Planning
1) Target 1 = Book 50% Qty at 1000 Price Level
2) Target 2 = Book 25% Qty at 1250 Price Level
3) Target 3 = Exit Completely when Sector starts reversing or the stock starts Reversing
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.