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raavigeorgian
8 de Jul. de 2021 18:37

Motilal Oswal - 3yr Vol Breakout Largo

MOTILAL OSWAL FINANSE

Descripción

The stock has been running on low volume for last 3yrs. Volume activity started to spike only in the last couple of months. And finally we see a massive volume bar on price breakout.

SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)

BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.

SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.

Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.

Note: I reserve the right to be wrong.

DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.

Comentarios
drdc11
Nicee. Please have a look at Aditya vision Ltd too. Zoomed alott last 2 months
raavigeorgian
@drdc11, sure, will have a look and let you know.
raavigeorgian
Hi @drdc11, Seems like a good company. My only concern is that it's a circuit stock. I stay away from such stocks.
drdc11
@raavigeorgian, what is circuit stock.. Is that one which goes in upper n suddenly yo Lower?
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