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InvestIn10
Mar 22, 2023 10:47 AM

NHPC | Swing Long | R/R = 4.3 Long

NHPC LTDNSE

Description

> This is the only PSE stock which appeared to be having the best R/R
> Will consider to be strong if it sustains above A-VWAP: 41.75
> Volatility contraction happening - we might need to wait more time before eventual breakout in any direction.
> Need patience in this market

Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.

Comment

InvestIn10 strategy had to exit NHPC in favour of another stock.

Momentum still exists and it proved me wrong yesterday with a good up-move. But, I still see selling at higher prices.

Will be tracking till either the SL or Target is hit.

Comment

momentum lost. closed.

Trade closed manually

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