VCP in NITIRAJ ENGINEERS - 25% up move expected after breakout
NITIRAJ is nearing its 52 week high with a dry up in volume on a daily time frame with a consolidation from the past 2 months
The company has a minimum 400% increase in EPS QoQ growth for the last 3 quarters.
Good for swing traders. Can expect an upward momentum of a min of 25%.
Entry - INR 180(Trade Initiated)
SL - (MA 50) - 5%
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
The company has a minimum 400% increase in EPS QoQ growth for the last 3 quarters.
Good for swing traders. Can expect an upward momentum of a min of 25%.
Entry - INR 180(Trade Initiated)
SL - (MA 50) - 5%
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
Order avbruten:
Not too much momentum. There has not been a preferential move in a fortnight. Will look at overall traded volume to confirm the volatility of the instrument.