Trigyn
- Thread starter yasirsait
- Start date
After making a high of 40.70, the stock has closed at 35.20 today.
The stock is again on an upmove, investors can continue to hold.
The first resistance from here is 40.70 above which 42 can be quite easily reached.
Wait for a closing above 42.5. If this happens, continue to hold for 49 else, exit part position at 42 to reenter at lower levels.
Success,
Yasir
N.B. I do not hold a position in this stock but intend to go long above 42.
The stock is again on an upmove, investors can continue to hold.
The first resistance from here is 40.70 above which 42 can be quite easily reached.
Wait for a closing above 42.5. If this happens, continue to hold for 49 else, exit part position at 42 to reenter at lower levels.
Success,
Yasir
N.B. I do not hold a position in this stock but intend to go long above 42.
Support of 30 seems to be holding fast for Trigyn. It is moving in a trend between 30 and 33.
Fundamentally the stock is sound so one can buy around 30.10. Having done that, you can register selling half quantity around 32.25. This is a gross of around 7% and net of at least 5%. You can do this till the stock breaks out above 33 by which time, your cost of acquisition should have gone down considerably.
Success,
Yasir.
Fundamentally the stock is sound so one can buy around 30.10. Having done that, you can register selling half quantity around 32.25. This is a gross of around 7% and net of at least 5%. You can do this till the stock breaks out above 33 by which time, your cost of acquisition should have gone down considerably.
Success,
Yasir.