Reviewing charts, and came across Havells. Though we are not tracking it, it would be interesting to know how many traders would not book profit at high bar? Though the price moved below the signal bar, it closed 14 rupees above (Rs. 7,000 considering Havells lot size is 500)
Have seen momentum stocks breaking unbelievable highs, and moving higher still.... While tracking Nifty and BankNifty in real time, we will come across such situations and if we follow the trading decisions over the next 60 days, we will have a good insight as to how to handle such scenarios.
Chart of Havells attached.
Have seen momentum stocks breaking unbelievable highs, and moving higher still.... While tracking Nifty and BankNifty in real time, we will come across such situations and if we follow the trading decisions over the next 60 days, we will have a good insight as to how to handle such scenarios.
Chart of Havells attached.