NSE:APCOTEXIND   APCOTEX INDUSTRIES
Bought: 30 Shares @ 336 - 1st lot
AWAP: 309
SL: 302
Early Exit: RS < 50 EMA / RSI < 50
T1: 423
T2: 498
T3: 619

Value:
- Price Breakout from VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone 10 EMA & 20 EMA
- RSI above 50 level

Trigger:
- RSI Hidden Divergence followed by Price BO from VCP
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
- RS (1W) +VE
- RS (1M) +VE
- RS (3M) +VE
- +ADX @ 15 - Trend is forming.

2nd lot confirmation
- Break out above 350 (Super Trend)
- Follow-through

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.