PB Fintech
CMP 521
We are keeping a close watch on this ( and also took the starting postion).
We could see an impulse from the bottom , hence got interested .
As of now , wiating for it to give a close above 40 WEMA for few weeks in coming months to add to the postion . We plan to take full position once it starts giving sustained closes above the red line (575-580).
Major worry is supply overhang ! Another challnege is overall market sentiments.Hence we feel that the best way is build positions in instalments on getting confirmations.at every level.
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors.
| Subscribe To Our Free Newsletter |
