SUNDARAMFIN :: LONG BUILDUP (Price, Volume & Momentum picking up)
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-- Buy when price sustains / retraces above 2550
-- Sell below 2380 (ST) or below 2290 (LT)
-- Trail using FIB Levels or SuperTrend Indicator
Reasons for increased probability::
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-- Ultrahigh volumes + delivery seen in the last two candles..
-- Piercing Candle Pattern
-- RSI Trendline breakout seen in 4HR ..
-- Price Volatility is contracting (VCP).
/**
Caution : Midcap financial stock... Prefer allocating 5-10% of your capital.
This is just a probability and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
----------------------------------------------------------------------------------
-- Buy when price sustains / retraces above 2550
-- Sell below 2380 (ST) or below 2290 (LT)
-- Trail using FIB Levels or SuperTrend Indicator
Reasons for increased probability::
----------------------------------------------
-- Ultrahigh volumes + delivery seen in the last two candles..
-- Piercing Candle Pattern
-- RSI Trendline breakout seen in 4HR ..
-- Price Volatility is contracting (VCP).
/**
Caution : Midcap financial stock... Prefer allocating 5-10% of your capital.
This is just a probability and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/