WIPRO fell further
IMO, 480 (cash value) should be the cutoff line
If sustains above 480, then he will be in profit.
This is a long expiry.
My view only.
You might earn profit in this trade but i dont like this trade.On weekly time,stock is trading below 200 Moving average and you are trying to catch falling knife.Why not buy stock which had breakouts e.g IndiaCement,Relcapital,Chennai Petro etc.
Hi Prabhsingh...any software that gives me a list of all trades that are undergoing breakout? Dont want to scane through all charts to identify...which software did you use to scan for the above mentioned 3 tickers..thx in advance
Hi Prabhsingh...any software that gives me a list of all trades that are undergoing breakout? Dont want to scane through all charts to identify...which software did you use to scan for the above mentioned 3 tickers..thx in advance
I have scanned all these manually.Generally i keep a watchlist of 40-50 stocks.Since trading is my full time Job,i have to take it very seriously and hence it requires full attention,passion and hardwork just like in any other Job/Business.