Buying oppprtunity in indramedco
INDRAMEDCOThere is a asceding triangle and the trend is trending higher and the mometum is also trending higher u can either buy at a retracement to the trend line or breakout above the resistance scale out at 1:2 risk reward or just hang on till the trade loses mometum use the 12 period mometum indicator as a histogram and sell it as 3 successive lows of momentum.This is a swing trade that could last till a month and it depends on how well it performs
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