VCP in Aurum Proptech : worked superbgave 10 % return in just 2 days, technology services sector, volume play was suberb throughout the pattern, entered on no. 2 with good volume breakout, price strength was superb i.e. 84 (above 70, more the better) FII entered in last quarter and retailers (weak hands) decreased. overall everything was in favour so setup worked properly.
AURUM trade ideas
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
AurumStock name = Aurum Proptech Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.