Watch out for AMARA RAJA BATTERIES. Breaking out from long consolidation with 3 times average daily volumes. A WRB in making... can be bought with a stop loss of 186.5
Very correct... the weekly chart looks even more attractive..However the prob with this stock is that it can Sleep for days together. Hence bought only half the usual quantity.
Very correct... the weekly chart looks even more attractive..However the prob with this stock is that it can Sleep for days together. Hence bought only half the usual quantity.
Yes.. you are right. But please note the long tails that Divis makes on the daily chart (candestick chart will give better idea). I generally buy such shares only when they fall to supports and not on breakouts (antitrend- but with tight sl and high risk/rew ratio)
However, this is a personal rule. you can go by what you feel. Your observation is correct.
Hi Saint,
Presently I am in Singapore too and small investor in Indian market. If you have time and still here then give me a buzz in possible @ ******
rgds