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
SERVOTECH trade ideas
SERVOTECH Giving a good Break-OutServotech Power Systems Ltd. engages in the manufacture of LED lights and solar products. Its products include solar home lighting systems, integrated solar street lights, and PV ports. The company was founded by Raman Bhatia on September 24, 2004 and is headquartered in New Delhi, India.
Stop_Loss - 120
1st_Target - 145
2nd_Target - Trail with 20EMA
Servotech Power: (Swing)Servotech Power: (Swing)
Servotech is well set to blast in the upcoming days.
Check out my earlier views for a better understanding.
Appropriate supply, demand and target zones are highlighted.
Trade offers a RR of more than 1:6.
Note: Do your own due diligence before taking any action.
Servotech Power Systems Ltd*Servotech Power Systems Ltd*
P&F Formation on Monthly Basis.
Strong Price BreakOut & Sustained.
Vol. Accumulation Gaining Traction.
EMAs: Widening Gaps amongst 20 / 50/ 100 / 200.
RSI: H>D<W<M. However, all in Bullish Zone.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion*
Happy Investing 😇
SERVOTECHStock name = Servotech Power Systems 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.
Master Score - B
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.