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rahul.u.bhagwat
Sep 17, 2017 8:45 AM

WHIRLPOOL : Breakout.. Long

WHIRLPOOL OF INDIANSE

Description

WHIRLPOOL is showing a breakout in weekly charts.

The short term & medium term trend seem to align.

Expectations of Festive season liftup should push this stock upwards/

Since the stock has high intraday volatility, stops should be initially a little lower at 1168.
Later on we can tighten our stops according to our positions.

Go Long for targets of 1351 & 1472.
Tighten your stops as you reach closer to the targets.

Comment

Tighten your stops or use trailing stops.
Taking partial profits is also recommended.
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