Verdict:
Breakout successful, Strong bullish momentum
Plan of action:
Buy: 224.45
Stoploss: 212
Target: 277
NDTV is a good momentum stock that has shown quite bullish momentum today.
Stock has given the Breakout today. but came back to the zone, by looking to the bullish force today we can go for buying with good risk and reward of 1:5 setup. All levels are marked on chart.
Reason:
Verdict:
Breakout successful, Strong bullish momentum
Plan of action:
Buy: 224.45
Stoploss: 212
Target: 277
*****Disclaimer:*****
The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.
Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.
The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader’s own discretion and risk.
Finnova© All Rights Reserved
