Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
5.75 |
|
|
| 6.70 |
|
|
Reason for Buy / Sell / Short / Cover:
- Intraday started to turn up and on Tuesday it suddenly shot up above intraday resistant line.
Lesson Learnt:
- Daily chart shows that price is sitting at the tip of the triangle formation.
- Strong support from both daily 20MA and 50MA lines.
- Monthly chart shows consolidation at the handle of "cup and handle" formation and price keep floating above monthly 20MA line.
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