Bajaj Hind Sugar is ready to move out of 1 month old consolidation zone.
One may consider to enter at 25 and exit at 28.30 for a quick swing.
The stock is also ready to move out of 37 zone, supply zone sooner or later, if 37 zone is taken off in monthly, one can look for a good long term target of 100.
The 37 rs zone is a strong 12 year old consolidation supply zone, the RSI also indicates a strong up swing.
One may consider to enter at 25 and exit at 28.30 for a quick swing.
The stock is also ready to move out of 37 zone, supply zone sooner or later, if 37 zone is taken off in monthly, one can look for a good long term target of 100.
The 37 rs zone is a strong 12 year old consolidation supply zone, the RSI also indicates a strong up swing.
Trade active
Comment:
10% Plus ROI done, 28.15 high reached as on yesterday. Trailing ongoing.
Trade closed manually:
Trade exited at 34. Awaiting re-entry at 29 for the next swing.
Trade active:
Entered for the next swing at 28.15. Expecting target at 32.30-33.40.
Trade closed manually:
At 28.15, as the stock is in consolidation.