UnknownUnicorn38261891

vcp characteristics

Long
NSE:POWERMECH   POWER MECH PROJECT
breaking out of the base
exhibiting strong RS while indices are down more than 1.5%, this stock is up 1% and holding the key moving averages
volume dry up in the base
big buying volumes

pilot position - buy stop order at 944
SL 899

Publishing for my own reference.
Not an investment/trading advise.
Trade closed manually:
Sold full position at 1R ar 990.
Indices below key moving averages.
Choppy environment.
Securing small profits.
Comment:
Good decision. Fell back completely into base!
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