UPDATE 15-01-2015
BOOK PART PROFIT AS TGT 1 ACHIVED AT 1280 NOW KEEP SL OF 1235 AND HOLD FOR TGT 2 1300
M&M Ltd Buy
Period 1 Month
CMP 1238
Entry Level 1235
Stop Loss 1200
Target 1 1280
Target 2 1305
Stock has made ‘Triple Bottom’
around 1200 and also given
breakout on upside from its
downward slopping Trend line
around 1233. Stock has also
made ‘Head & Shoulder Pattern’
where the Neckline is also
formed at 1200. We can see in
chart that stock has gone above
its 10DMA of 1233. Stock has
made ‘Bullish Engulfing Pattern’
after the form of ‘Doji Pattern’
indicating upside trend with
limited downside risk. Stochastic
Oscillator is also moving in
positive trend indicating upward
movement along with increase in
volume. We can see stock to go
up till 1280-1302 once it goes
and close above 1240 odd level.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!
BOOK PART PROFIT AS TGT 1 ACHIVED AT 1280 NOW KEEP SL OF 1235 AND HOLD FOR TGT 2 1300
M&M Ltd Buy
Period 1 Month
CMP 1238
Entry Level 1235
Stop Loss 1200
Target 1 1280
Target 2 1305
Stock has made ‘Triple Bottom’
around 1200 and also given
breakout on upside from its
downward slopping Trend line
around 1233. Stock has also
made ‘Head & Shoulder Pattern’
where the Neckline is also
formed at 1200. We can see in
chart that stock has gone above
its 10DMA of 1233. Stock has
made ‘Bullish Engulfing Pattern’
after the form of ‘Doji Pattern’
indicating upside trend with
limited downside risk. Stochastic
Oscillator is also moving in
positive trend indicating upward
movement along with increase in
volume. We can see stock to go
up till 1280-1302 once it goes
and close above 1240 odd level.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!
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