Chennai Petro CP_ Positional Trade
Those want to take positional trade for a minimum holding period of 12-24 months can enter into Chennai Petro CP for 2-3 times fold returns.
Stop loss can be maintained at 250 which is weekly 9 SMA and further can used as trailing stop loss in future to exit if give closing below the same.
Reason to take entry in this trade.
1.In monthly chart Bollinger Band is blasting.
2.Last month stock gives strong closing above AVWAP(2008 Crash Basis) with decent volumes.
3.RMI>50 and crossing WMA with wide gap.
Stop loss can be maintained at 250 which is weekly 9 SMA and further can used as trailing stop loss in future to exit if give closing below the same.
Reason to take entry in this trade.
1.In monthly chart Bollinger Band is blasting.
2.Last month stock gives strong closing above AVWAP(2008 Crash Basis) with decent volumes.
3.RMI>50 and crossing WMA with wide gap.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。