GOOD POSITIONAL BET AFTER 55% CORRECTION
INFO EDGE has corrected 55% from it's top and has now given it's 10 month old trendline breakout.
It is making higher swing lows exhibiting a bullish upcoming moves. Aggressive traders can buy above 3990 (4000 safer) for both intraday and positional trades.
Big hindrance would be 4225 level which has been a strong support and resistance zone for more than a year.
Once this level is breached and price starts to close above this zone one can take a safe positional bet in this stock.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
It is making higher swing lows exhibiting a bullish upcoming moves. Aggressive traders can buy above 3990 (4000 safer) for both intraday and positional trades.
Big hindrance would be 4225 level which has been a strong support and resistance zone for more than a year.
Once this level is breached and price starts to close above this zone one can take a safe positional bet in this stock.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
For high probable swing picks, join t.me/EquityResearch_PAC_bot
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
TG channel t.me/priceactionchart
My TG ID @tanya151181
Course details:
tinyurl.com/PAC2COURSE
All Ideas posted by me are for Educational Purpose.
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