IMFA Prediction for Swing/ Posional Trading
Entry 1 was at breakout level 465. This level almost retested. You can enter into trade above 495 or you can entry according to your experience.
Sls- according to you RRR.
Targets- 525,555,585,615,646,675,705,735,…,… (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About IMFA –
Indian Metals & Ferro Alloys Ltd. engages in the production of Ferro alloys. Its manufacturing cycle comprising of chrome ore mining, power generation and Ferro alloys smelting. The firm operates through the following segments: Ferro Alloys, Power, Mining and other. The company was founded by Banshidhar Panda and Ila Panda on November 20, 1961 and is headquartered in Bhubaneswar, India.