Stock name = Vertoz Advertising Limited.
Daily chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
NSE:VERTOZ broke out from base after a sharp downtrend.
Price jumped above the 30 week EMA, breaking out of a head and shoulders pattern.
Could be a positional gem.
Place a deep sl below 100. Enter at C.M.P and after retrace. Aim a minimum of 1:2 first and then trail stoploss.
Judging by previous high, price could give 100% (1:4) in 3 months to 1 year time....
I chose this stock because fundamentally it functions on the lines of the same business as Affle India and such companies have very few competitors in the Indian market.
Technically also the stock is bullish after a breakout from a Flag pattern.. So when fundamental and technical meet together, we know what usually happens.
Fingers crossed as this is illiquid as...
