Hello Traders!
Got another stock from the steel sector that can be a multibagger (300%). The stock broke out above the 50ma, 6ma and the trendline as well which was acting as a dynamic resistance. Last week it closes with a fat green bullish candle: shows its momentum with rising volume.
Entry can be taken at current market price with a tiny Sl mentioned in the chart. I say tiny cuz the RR is huge i.e almost 1:13.
Position sizing is the most important part of trading to win I always mention. Rest if any guidance required; comment below.
DISCLAIMER : The analysis is only for sharing my view how I trade and not to be consider as trading recommendation.
Got another stock from the steel sector that can be a multibagger (300%). The stock broke out above the 50ma, 6ma and the trendline as well which was acting as a dynamic resistance. Last week it closes with a fat green bullish candle: shows its momentum with rising volume.
Entry can be taken at current market price with a tiny Sl mentioned in the chart. I say tiny cuz the RR is huge i.e almost 1:13.
Position sizing is the most important part of trading to win I always mention. Rest if any guidance required; comment below.
DISCLAIMER : The analysis is only for sharing my view how I trade and not to be consider as trading recommendation.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.