Thank you Raunak and SM for your guidance and I apologize for changing topic of discussion...
Please have a look on chart of Brandhouse Retails ltd... To me it is good buy at CMP with the stop loss of 40. It has completed TD sequential....
Please have a look on chart of Brandhouse Retails ltd... To me it is good buy at CMP with the stop loss of 40. It has completed TD sequential....
I have limited knowledge on Demark sequential, hence I won't be able to comment on the price structure according to this concept. However, my own way of looking things suggests that this stock is indeed in a good shape.
If I were you, I would lower my stop level to 30-34 band. It has formed a nice base with supporting volume structure. Should do well. Rest will see what market has to offer.
Tc