The chart looks promising in the short term. The RSI also is at a very sweet spot. Since Nifty movement is very uncertain, I am just quite bullish however if Nifty continues with the uptrend then we could see the pattern repeating itself here as well for targets close to 40.
Be cautious before taking an entry.
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HOWZAAAAAAAT !!!
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Follows the same pattern. At every bounce we see about 3 big candles. we will see them again most probably.
Hey hi! What should I do? I entered at 25 and don't know to book profit or hold as I am new in market.
CuriousChartist
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@himanshu93, don't sell it because it's a fantastic stock unlocking it's value. However secure your profit by placing a StopLoss around 43-44 so that even if it falls you are safe.
Taurus333
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@CautiousChartist, Thanks heaps! I am learning and your advice is really helpful.
CuriousChartist
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@himanshu93, You are welcome. I'm a continuously learning too with experiences. I recently started posting charts in here & I'm quite sure you would like the ones in the future as well.
Taurus333
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@CautiousChartist, Thats great! I have followed. I am looking at TV18 and network18 also. Could one of them breakout today looking at the merger news. Could you also look at Dixon Technologies as I want to enter in it, people are saying it will cross 10,000. Thanks!!
Olutobi-Ogunsemore
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Looks nice bro , check out some of my content we seem like minded bro