Panic Buying in IPCALAB
Conditions Meeting:
1) Strong Stock
2) 50% Retracement from All time high.
3) Panic Buying after huge gap down opening.
4) Currently Pharma and Medical Sectors are booming.
Entry price range = 700 to 720
Stoploss Planning = Max Stoploss at 687
Profit Planning
1) Target 1 = Book 50% Qty at 1000 Price Level
2) Target 2 = Book 25% Qty at 1250 Price Level
3) Target 3 = Exit Completely when Sector starts reversing or the stock starts Reversing
1) Strong Stock
2) 50% Retracement from All time high.
3) Panic Buying after huge gap down opening.
4) Currently Pharma and Medical Sectors are booming.
Entry price range = 700 to 720
Stoploss Planning = Max Stoploss at 687
Profit Planning
1) Target 1 = Book 50% Qty at 1000 Price Level
2) Target 2 = Book 25% Qty at 1250 Price Level
3) Target 3 = Exit Completely when Sector starts reversing or the stock starts Reversing
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