Both stocks have similar patterns so we used daily chart to make an entry and keep holding until we hit both targets.
Ichomoku cloud break out
TK cross over
MACD bullish cross over
RSI>60
ADX>25
DI+>DI-
Gujarat Alkali BUY 608 SL 588 TGT 670/850
Mahindra Ltd. BUY 819 SL 798 TGT 850/880
Hello traders, in this post, we will be talking about how to trade using the Ichimoku Cloud. This is one of the most common, yet very effective and unique indicators to date and is prized by many traders as it foreshadows possible support and resistance levels.
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What is the Ichimoku Cloud Indicator?
The Ichimoku Cloud indicator is an extremely versatile...