Relcap - Fuelled enough for upmove

Stock witnessed a sharp fall from the top (700) to 38.6 % Fib Level (543) and then Bounced back to 23.1 % Fib Level (600)
One can go long in the stock at 600 with Stop loss of Latest Swing low (582) with a target of 690.

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Yorum:

Stock Up 4%.
Keep stop loss in force and hold.

Yorum:

More power to Relcap
CMP 648 (+8% from Entry price)
Keep stop loss open and enjoy the ride

Yorum:

Minor pullback expected.
Trail ur SL to 618 and hold it

Yorum:

Stock retested the recent swing high of 662 today.
Crossing 662 will fuel more power
Trail SL to recent swing low 637 and hold

Yorum:

Stock hit 720.
Close the trade.

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