Greenply Ind trade on 4th Jun 21′
Made an entry in Greenply Industries on 4th June 21. Estimating it to be a trade of few days only. Entry price at Rs 204. Expecting 10% returns from the trade in the short term. More if held for few months. Following is the chart and trade rationale.
- Weekly in uptrend.
- Daily had a good and smooth correction. Thereafter confirmation of support at 50 EMA received.
- Hourly and 15 mins are consolidating near 200 SMA.
- Lower volumes during correction in 15 mins.
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I am passionate about helping others have the right mindset to overcome challenges. Financial independence plays an important role in having that right mindset. I will also post regarding trading and investment ideas. Earlier had successfully completed two masters in management degrees. I am a working professional with more than a decade experience in multiple industries. Disclaimer: Kindly note that, I am not a Sebi registered investment advisor. Please do your own due diligence before taking any action on the posts here. All posts are for educational purposes only.
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