May 1, 2018

Monday's top gainers analysed

Simple trading strategy.... identify top gainers in top 300-400 stocks, check charts on daily and weekly timeframes and plan the trade.

SORILINFRA up 20%... SL 300 ... stock near all time highs


MERCK up 11%... 42% up this month and 60% this year... trading at all time highs... SL 1900-1600


BFINVEST up 9%... SL 250


REPCOHOME up 8% ...  SL 565 ... note resistance around 700-720 range


IBVENTURES up 7% SL 300... note stock has gained 98% this month.


BOMDYEING up 7%... breakout/ new highs possible... SL 240


IRB up 6%... note this is weekly chart and very strong resistance around 300 levels... if there is a breakout it will be a very powerful one.


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