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Nandan Denim / VCP

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NSE:NDL   NANDAN DENIM LTD
We can clearly see the volume contraction pattern on the Nandan Denim chart. The stock has broken its flag pattern and can give a good move from now any volume supported upmove can be seen as buying opportunity
All the key points mentioned on the chart itself

Don't take the full position at once
Maybe buy 25% on the initial signal
Add another 50% on confirmation of the signal
Add another 25% on the follow-through of price action
Build your position 1 step at a time,
Add to winners and losers are cut short

Warning: Nandan Denim has low liquidity. Would suggest managing your position size.
Yorum:
Target Hit Book 30% and keep trailing
İşlem kapandı: hedefe ulaştı:
Target Achieved Book 30% and keep trailing

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.