varadtambolkar

Trent ready for range breakout

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varadtambolkar 已更新   
NSE:TRENT   TRENT LTD
Simple range breakout expected.
Stock already in higher high higher low formation on large timeframes
Good consolidation of 5 months, after a healthy up move.

Stock entering into expansion mode after contracting for last few weeks. check image below.


SL is wide at 1020 around 12 % form CMP.
Risk can be managed by reducing quantity and keeping risk limited to certain percentage of capital as per risk appetite
評論:
Breakout!

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